NuVasive Inc. will expand the workforce at its Dayton, Ohio, manufacturing plant in 2014 by more than 25 percent, the company announced in a press release.
The 35,000-square-foot factory, now called NuVasive Manufacturing LLC, was acquired by the San Diego-based medical device company in May 2013 for about $4.5 million. The factory develops spinal implants and employs about 70 workers.
Nuvasive (Nasdaq: NUVA) was founded in 1997 and employs 1,300 globally, with about 1,100 in San Diego.
The company posted a $7.5 million profit on sales of $169.2 million for the three months ended Sept. 30 — a 14 percent increase over the $148.4 million in sales for third quarter 2012.