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Owens & Minor Breaks Ground on Center of Excellence for Medical Supply Logistics in West Virginia
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Rhea-AI Sentiment
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Rhea-AI Summary
Owens & Minor has commenced construction on a 350,000 sq. ft. center in Morgantown, West Virginia, set to open in late 2023. This facility will serve as a primary hub for medical supply logistics, enhancing healthcare resilience in the region. The project involves a $50 million investment and is expected to create over 100 jobs. This groundbreaking further solidifies the partnership between Owens & Minor and WVU Medicine, which aims to bolster response capabilities for public health emergencies.
Positive
Investment of $50 million in West Virginia.
Creation of over 100 jobs.
Establishment of a 350,000 sq. ft. logistics center enhancing regional healthcare supplies.
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Center slated to open in late 2023; will serve as a state-of-the-art hub for managing and coordinating complex medical supply logistics for WVU Medicine
Groundbreaking advances the long-term strategic collaboration between WVU Medicine and Owens & Minor to help strengthen healthcare resiliency and preparation in West Virginia and beyond
RICHMOND, Va.--(BUSINESS WIRE)--
Owens & Minor, Inc. (NYSE: OMI), a leading global healthcare solutions company, today broke ground in Morgantown, West Virginia, on the future site of a center of excellence for medical supplies and logistics. Once construction is completed in late 2023, the 350,000 square foot center will be one of the state’s largest dedicated acute care medical distribution facilities and will include clinical supply capabilities for surgical kitting, custom procedure tray assembly and sterilization. Owens & Minor was joined for the groundbreaking by its local partner, West Virginia University Health System, which operates under the brand name WVU Medicine.
Jeffrey Arnett, Monongalia county commissioner, Edward A. Pesicka, CEO & president of Owens & Minor, Albert L. Wright, Jr., president & CEO of WVU Health System, Secretary Mitch Carmichael of the West Virginia Department of Economic Development and Tom Bloom, Monongalia county commissioner, at the groundbreaking for the new center of excellence for medical supply logistics today in West Virginia. (Photo: Business Wire)
“We are excited for our partnership with Owens & Minor to take shape as we work to strengthen the resiliency of our healthcare system,” said Albert L. Wright, Jr., President and Chief Executive Officer, WVU Health System. “Our collaboration with Owens & Minor is instrumental in ensuring that we can deliver on that commitment for our clinicians and the communities we serve.”
The partnership, which represents an estimated $50 million investment in West Virginia and is anticipated to bring more than 100 jobs to the state, was first announced in December 2021. It was subsequently expanded in January 2022 to give the state of West Virginia the ability to rapidly leverage Owens & Minor’s logistics expertise and medical supply and distribution capabilities in response to future public health emergencies.
“Today’s groundbreaking represents the best of what West Virginia has to offer—our state’s largest health system and private employer working with an industry-leading Fortune 500 company to create a partnership that will have tangible impact for our state,” commented Gov. Jim Justice. “I applaud WVU Medicine and Owens & Minor and look forward to seeing even more of what this partnership brings to West Virginia.”
“Since day one, we’ve been inspired by the enthusiasm and passion both WVU Medicine and West Virginia have shown in making this center of excellence a reality,” said Edward A. Pesicka, President and Chief Executive Officer, Owens & Minor. “We’re eager to advance our collaboration and to put our 140 years of supply chain expertise to work in supporting one of West Virginia’s leading healthcare systems for years to come.”
Learn more about how Owens & Minor is helping healthcare customers through its industry-leading distribution and supply chain solutions at https://www.owens-minor.com/distribution/.
About Owens & Minor
Owens & Minor, Inc. (NYSE: OMI) is a Fortune 500 global healthcare solutions company integrating product manufacturing and delivery, home health supply, and perioperative services to support care through the hospital and into the home. Owens & Minor drives visibility, control and efficiency for patients, providers and healthcare professionals across the supply chain with proprietary technology and solutions, an extensive product portfolio, an Americas-based manufacturing footprint for personal protective equipment (PPE) and surgical products, as well as a robust portfolio of products and services for patients managing chronic and acute conditions in the home setting. Operating continuously since 1882 from its headquarters in Richmond, Va., Owens & Minor is a 140-year-old company powered by more than 20,000 global teammates. Learn more at https://www.owens-minor.com, follow @Owens_Minor on Twitter and connect on LinkedIn at www.linkedin.com/company/owens-&-minor.
About the West Virginia University Health System
The West Virginia University Health System is West Virginia’s largest health system and the state’s largest employer. With 2,000 licensed beds and 2,000 active medical staff, the Health System includes 16 hospitals, including a 675-bed academic medical center in Morgantown, West Virginia; seven community hospitals; and eight critical access hospitals. The Health System also manages five hospitals and is building a new 150-bed Children’s Hospital on its main medical campus. To learn more, visit WVUMedicine.org.
