Birmingham-based BioHorizons, a medical device company that creates dental implant products, is growing.
The company, headquartered in Hoover, recently announced a $2 million expansion that will create 60 jobs in manufacturing, quality, distribution, and research and product development. The company employs 190 in Birmingham and 560 worldwide. The average salary of the 60 jobs announced in the expansion is $50,000. The Hoover City Council approved nearly $60,000 in tax incentives for the expansion.
BioHorizons moved into a new building five years ago, and the company’s upcoming expansion will include a reconfiguration of its existing workspace to be more efficient, said Steve Boggan, president and CEO.
“It’s a twofold process – obtain more space due to growth and improve the layout to be more efficient and more conducive to employees’ positive work environment,” Boggan said.
Boggan said BioHorizons is likely the fastest growing company in the $4 billion implant dentistry market. BioHorizons’ products provide alternatives to bridges and dentures for people who have lost teeth, allowing for a better quality of life for patients.
“Patients feel more confident,” Boggan said. “This method has become immensely popular over the last decade, and it is such a superior method for missing teeth.”
The company’s presence in Hoover fits in with the city’s economic diversification plan, said City of Hoover economic development manager Greg Knighton.
“It is indicative of the type of project and company that Hoover is ripe for,” Knighton said. “It is a STEM-based industry and it fits the workforce we have in the community, which fortunately is an educated and diverse workforce. [The expansion] provides further opportunities for Hoover citizens and others to come to Hoover and spend dollars in the community as well.”
BioHorizons was founded in Birmingham in 1994 and has a second facility in Oceanside, Calif.
“Birmingham is a very attractive place to live and is a low-cost place to conduct business,” Boggan said. “The city has treated us well.”