$3B Med Tech Company Takes Its Global Headquarters To Dallas
Medical technology giant DJO Global is relocating its headquarters from San Diego to Dallas early next year.
North Texas will serve as the company’s global headquarters and include a customer experience center and a facility that fosters collaboration, according to a press release. DJO was purchased by Maryland-based Colfax Corp. in November of this year for $3.15 billion.
In addition to the relocating employees, the company says will create hundreds of jobs in the Dallas area including a new distribution center in Fort Worth, which opened a few months ago and has 200 employees. DJO creates braces, joints, inserts and more used by orthopedic surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers and other healthcare professionals, who use them for injury prevention and and physical therapy.
“We made the strategic decision to move our headquarters to Dallas to expand our presence into a market with a strong and larger pool of talent, gain greater and more efficient customer access and take advantage of what we believe is a better corporate environment for our company as we grow,” said Brady Shirley, DJO’s President and Chief Executive Officer via release. “At the same time, we felt it was important to continue the 40-year legacy of DonJoy in Southern California by continuing to build our Bracing business in Carlsbad.”
“This move is a key component of a multi-phase facility optimization strategy that DJO embarked on earlier in the year to enhance the look and feel of many of our offices, bring teams together and remove unneeded workspace in our U.S. locations,” said Jeanine Kestler, Executive Vice President and Chief Human Resources Officer for DJO via release. “We are excited to become one of the leading medical device companies headquartered in Dallas and an active member of the community!”
Source: Healthcare Magazine
