Bioventus expansion planned
Posted: Tuesday, November 27, 2012 12:01 am
Bioventus representatives have announced plans to lease new office and manufacturing space off Goodlett Farms Parkway in Memphis. The expansion represents an investment of $5 million and the creation of 44 jobs, according to a state Department of Economic and Community Development news release.
Bioventus is a leader in active orthopaedic healing and was formed in May 2012 as a strategic venture between Essex Woodlands and Smith & Nephew.
The company occupies space at Smith & Nephew’s Brooks Road and Holmes Road locations in Memphis. The move enables Bioventus to consolidate its Memphis functions, including operations, manufacturing, quality and human resources. The company expects to move its Memphis-based employees into the 40,000-square-foot space in February 2013 following the build-out of the new facility.
“Combining our functions in a single location not only provides facility cost benefits, but also increases our efficiency in terms of staff management and communications,” Bioventus vice president of operations and quality Anthony James said. “The site is also strategically located near major transportation hubs, enabling us to provide rapid and cost-effective service for our customers.”
Bioventus currently has about 500 U.S. employees, including approximately 130 in Memphis. The company is actively recruiting and hiring for a variety of positions including manufacturing, quality engineering, customer service, information technology, finance and distribution.
For employment information, visit www.bioventusglobal.com/careers.html.