other material
confidence high
sentiment positive
materiality 0.60
Zomedica announces new 12,400 sq ft global manufacturing & distribution center in Roswell, GA
Zomedica Corp.
- New 12,400 sq ft facility to more than double capacity; construction completion expected August 2022.
- Facility will consolidate manufacturing and distribution for PulseVet, TRUFORMA, Revo 2, and VetGuardian.
- Lease: 61 months, $9,300/month first 12 months, escalating to $11,315/month.
- CEO Larry Heaton cites growing product sales as driver for expansion.
- COO Tony Blair: new center leverages existing workforce to improve manufacturing footprint.