Ottobock relocates distribution operations
MINNEAPOLIS – Ottobock announced March 17 that it is relocating its North America logistics and distribution operations from Minneapolis and Toronto to Louisville, Ky. “The move to Louisville is part of an expanded investment by Ottobock in the U.S. and North America that includes the goal to triple business,” the company states in a release. Ottobock notes that Louisville is a strategic shipping hub. The move is already underway, “with limited receiving, stocking and shipping of mobility products and the warehouse being readied for additional inventory,” according to the release. Additionally, Ottobock has started to hire in the area and plans to fill an estimated 20 new jobs by October. The company expects to spend $3.375 million as part of its relocation and growth efforts. Ottobock previously announced that it’s also relocating its North America headquarters from Minneapolis to Austin, Texas.