ivWatch, the exclusive provider of medical devices for the early detection of intravenous (IV) infiltrations and extravasations, plans to relocate from their Hampton and Williamsburg facilities to anchor Newport News Tech Center Research Park’s Building One. This move will increase operational efficiency by combining its departments of manufacturing and research and development under one roof.
“The decision to move to the Research Park supports the execution of our business and recruiting plans,” said Gary Warren, president and CEO of ivWatch. “Within the next four years, we plan to add 150 new employees to support our international market-entry and expanding our sales activity in the U.S. through two leading healthcare group purchasing organization (GPO) contracts.”
The Newport News Tech Center will have more than 1 million square feet of space across 11 planned buildings, including restaurants, shops, fitness clubs, biking trails and gathering spots. ivWatch plans on including prominent signage on the exterior of the building, while occupying over 25,000 square feet for manufacturing, warehouse space and state-of-the-art office space with an open floor plan concept.