Bioventus is expanding soon in Right to Work Shelby County, Tennessee. In order to do this, they are investing a total of $9.1 million toward the project. This will also create 40 new jobs as well! So this is exciting news for the area. It also shows how Right to Work states supports both businesses and workers.
From Area Development Magazine:
“In 2022, Bioventus will celebrate its 10th year in the Memphis area. We are pleased to be supporting this expansion with new jobs and additional investment in the community as we continue to grow serving clinicians and helping patients return to active lives worldwide.” […]
“Each year, Tennessee’s medical device manufacturers export more than $4 billion in products, the second highest amount among states in the U.S. This expansion by Bioventus will contribute to one of our state’s strongest sectors. We appreciate the company for choosing to grow and further invest in West Tennessee.” […]
“TVA and MLGW congratulate Bioventus on its decision to expand operations in Shelby County. Helping to support companies, like Bioventus, create new jobs and invest in the region is fundamental to TVA’s mission of service. We are proud to partner with the Memphis Chamber, Memphis/Shelby County EDGE and Tennessee Department of Economic and Community Development to further that mission and celebrate this announcement together.”AREA DEVELOPMENT MAGAZINE
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