Alphatec (Nasdaq: ATEC) announced today that it will lease a 75,000 ft2 facility in Memphis, Tenn. to house its primary distribution operations.
The spine surgery tech company plans to open the new distribution facility in July and aggressively ramp up operations in the Home of the Blues in coming years. ATEC’s Carlsbad, Calif. headquarters will continue to serve as the development and shipment of Alpha release products.
“Revolutionizing the approach to spine surgery also requires that we evolve the standard by which we serve our customers,” Alphatec Holdings CEO Pat Miles said in a news release.
“We must remain predictable and efficient as we rapidly grow,” Miles said. “This new distribution facility will not only enable us to better support surgeries with earlier deliverie…