Harrow, Inc. Expands Headquarters to Boost Local Economy
Harrow, Inc. Expands Headquarters in Nashville
Recently, Harrow, Inc. (NASDAQ: HROW) announced an exciting expansion of its corporate headquarters in Nashville. This strategic move, welcomed by local officials, signifies the company's commitment to growth and innovation within the community.
Investing in Future Growth
Since its founding in 2012 in San Diego, Harrow has made significant investments in Nashville, relocating its operations there in 2019. The company has successfully established a state-of-the-art analytical chemistry lab, expanded its sales and marketing teams, and increased its total leased space to about 30,000 square feet. This expansion is set to create nearly 150 new jobs, contributing positively to the local economy.
Support from Local Officials
The announcement has drawn support from Tennessee’s Governor Bill Lee, who praised the economic benefits Harrow’s expansion brings to Nashville and Davidson County. Local leaders like Commissioner Stuart C. McWhorter also highlighted Nashville's business-friendly environment as a key factor in Harrow's decision to expand. They emphasized how this move positions Nashville as a growing hub for healthcare innovation.
CEO's Perspective on Nashville
Mark L. Baum, the CEO of Harrow, stated that relocating to Nashville has been an exceptional choice for the company. He noted that the city’s renowned attributes, such as its supportive culture, innovative environment, and convenient location, make it an ideal place for businesses. The expansion aims to enhance services to eyecare professionals across North America and reinforces Harrow’s commitment to the Nashville community.
Company's Commitment to Eyecare
Harrow, Inc. is recognized as a leading pharmaceutical company specializing in eyecare. The firm is dedicated to the discovery and development of innovative ophthalmic products that are accessible to millions of patients every year. Their goal is to ensure that eyecare professionals have the tools they need to preserve the gift of sight.
Community Collaborations
Harrow's growth is further supported by partnerships with local organizations like the Nashville Area Chamber of Commerce and the Tennessee Department of Economic and Community Development. These collaborations aim to foster economic growth and job creation in the region, ultimately benefiting the community and contributing to a robust local economy.
Edit from Local Leaders
Local leaders, including TVA senior vice president John Bradley and State Senator Heidi Campbell, have expressed their enthusiasm about Harrow's expansion. They recognize it as a testament to Nashville's developing healthcare sector and the coordinated efforts of local governments and educational institutions to support such vital investments.
Looking Ahead
With its expansion, Harrow is optimistic about its future and the opportunities it will create. The company aims to continue its trajectory of growth while enhancing its contributions to Nashville. As they bring more jobs to the area and elevate their operations, they remain committed to serving the eyecare community effectively.
Frequently Asked Questions
1. What is Harrow, Inc. known for?
Harrow, Inc. specializes in the discovery, development, and commercialization of innovative ophthalmic pharmaceutical products.
2. Where is Harrow's corporate headquarters located?
Harrow's corporate headquarters is located in Nashville, Tennessee.
3. How many jobs will Harrow's expansion create?
The expansion is expected to create nearly 150 new jobs in the Nashville area.
4. Why did Harrow choose to expand in Nashville?
Nashville's business-friendly climate, advantageous location, and supportive community played significant roles in Harrow's decision to expand its operations there.
5. When did Harrow relocate its headquarters to Nashville?
Harrow relocated its corporate headquarters from San Diego to Nashville in 2019.
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