Norwood Medical buys Webster Street site for $2.1 million

Norwood Medical has added hundreds of jobs in recent years and continues to expand. CORNELIUS FROLIK / STAFF

Norwood Medical has added hundreds of jobs in recent years and continues to expand. CORNELIUS FROLIK / STAFF

One of Dayton’s most successful manufacturers has made a big real estate purchase recently.

Records show that Norwood Medical bought property at 2043 Webster St. for $2.1 million, just to the north of the company’s campus at 2122 Winners Circle.

The seller of the 1.5-acre lot was Webster 2020 LLC. Montgomery County property records show two parcels were sold, including a 7,000-square-foot structure records label as being in “poor” condition.

The property is zoned for manufacturing and light assembly.

Late last year, a 360-year-old German company acquired Norwood Medical, one of Dayton’s largest family-owned businesses. Heraeus Holding, an international family-owned portfolio and Global Fortune 500 company, said at the time that no dramatic changes were planned for the local business.

Norwood Medical is a producer of outsourced medical manufacturing solutions in three key markets: minimally invasive surgery, orthopaedics and robotic-assisted surgery.

Norwood had nearly 1,200 local employees at the time.

A representative of Heraeus said the company may comment on the purchase at a later time.

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