K2M Group Holdings Inc., one of Leesburg’s biggest businesses and a global pioneer in spinal surgery equipment and techniques, hosted a grand opening for its new headquarters Wednesday.
“I use a word that sounds trite, and it’s overused, but if you look at the dictionary definition, having K2M in Leesburg is awesome,” said Mayor David Butler.
K2M founder, president and CEO Eric Major said the company does business in 29 countries across six continents. The company employs more than 300 people in Leesburg and counts over $200 million in annual revenue.
“This new facility is really focused on innovation,” Major said. “It creates an environment of collaboration for project managers and engineers to really facilitate innovation.”
The new, three-story structure, he said, brings all aspects of product development together and “makes a statement to the global market that K2 has its eye set on being a leader in the spine, and a being the global leader for innovation.”
“Our specialty, our core competency at K2M, is treating those very difficult scoliosis deformity patients,” Major said. He said the majority of patients his products treat are girls between 12 and 18 years old.
The company holds numerous patents and was recently cleared by the FDA for a pioneering use of 3-D printing to manufacture titanium devices. It competes on the global market with medical device giants Johnson & Johnson and MedTronic to provide technology for the most complicated spinal deformity cases. Major said it does so by providing innovation and value with new products and techniques that yield less blood loss, lees time in surgery, and better results.
“Think about those teenage girls on the table right now,” Major said. “Whether it’s in Asia Pacific or Europe, with the time difference, we’re literally doing surgeries 24 hours a day around the world.”
Virginia Secretary of Commerce and Trade Maurice Jones presented Major with a Virginia state flag that had flown over the capitol building.
“I think we announced in late 2014 or so that you were going to spend almost 30 million dollars hire almost 100 additional folks, and launch this innovation center, and you’re ahead of schedule, so thank you for that,” Jones said.