Axogen Expands in Dayton, Buys New Building
Dayton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Axogen, a Florida-based biotech firm specializing in surgical products, has recently acquired an 11,378 sq ft industrial building in Vandalia, Ohio, for $1.68 million. This purchase follows their pattern of rapid growth in the area, having expanded their local facility from 75,000 sq ft in 2018 to 100,000 sq ft by 2021. The companys revenue has also seen a significant increase, with a 21.3% rise in the fourth quarter of last year and a 20.2% jump in full-year figures. This strategic move suggests Axogens commitment to supporting the growing demand for their nerve repair products in the Dayton market.
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