ZYXI - Zynex growth leads to to newer facility

Zynex (ZYXI) announces the lease of a new 50,488 square foot warehouse facility for its growing manufacturing and inventory requirements."With order growth of 84% in 2019, 76% in the first half of 2020 net of the COVID-19 slowdown and our forecast for the remainder of 2020 and beyond, we have outgrown our current facilities for inventory and manufacturing. The new facility is less than four miles from our headquarters and fits well into our growth plans for 2020 and future years. Moving our inventory and manufacturing functions from our corporate headquarters will also give us much needed room for our growing reimbursement, sales support and other G&A functions. We expect to occupy the space in the next 60-90 days." says Thomas Sandgaard, CEO.

For further details see:

Zynex growth leads to to newer facility