trending Market Intelligence /marketintelligence/en/news-insights/trending/6oedk2hQWLBpk2pHYw5ZnQ2 content esgSubNav
In This List

Xtant Medical closing Ohio-based facility

Video

According to Market Intelligence, December 2022

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022


Xtant Medical closing Ohio-based facility

Xtant Medical Holdings Inc. is closing its facility in Dayton, Ohio, and moving fixation operations from the site to its headquarters in Belgrade, Mont.

The company expects to save over $2 million per year as a result of the consolidation which will result in a one-time charge of $1.5 million. The Ohio facility has 55 positions, a majority of which will transition to the headquarters.

Xtant CEO Carl O'Connell said the decision was prompted to maximize the benefit of the company's 2015 merger with X-Spine.

Xtant Medical, previously known as Bacterin International Holdings, acquired X-Spine Systems in 2015 for approximately $60 million in cash and 4.24 million Bacterin common stock.