PeakLogix client, AVID Medical recently completed an $8 million expansion that doubled the size of its plant.
The open house was last week, and PeakLogix CEO, Bob Giberson, and Karen Lynch were excited to attend.
Despite the sluggish economy, AVID plans to add another 100 employees as the national demand for its surgical kits continues to explode. By ordering custom procedure trays from AVID, hospitals and surgery centers reduce the turnaround time for procedures in operating rooms and increases efficiency by 25 to 30 percent.
From its plant in Toano, VA, AVID provides trays to some 1,000 hospitals and surgery centers for a host of medical procedures. Orthopedic and cardiovascular procedures are their top growth markets.
This is AVID’s second expansion. In 2002, it broke ground on a $3.5 million, 45,000 square foot addition to its 40,000 square foot plant. This latest expansion adds 90,000 square feet, doubling the size of the plant.
We are honored to play a role in a Virginia success story like this one. AVID started as a two person company in a small office and has grown to be an inspiring presence in the Virginia business community.