Merger follows air purifier maker's plans for $5.6M Radford facility
Merger follows air purifier maker's plans for $5.6M Radford facility
Robyn Sidersky// August 9, 2021//
Raleigh, North Carolina-based Oransi, a manufacturer of air purifiers, will merge with Radford-based Aviemore Technologies, Oransi announced Monday.
In April, Oransi, announced it would build a $5.6 million manufacturing facility in Radford.
Founded in 2009, Oransi will utilize proprietary technologies from Aviemore, a designer and manufacturer of motion controls, to manufacture an air moving system in its air purifiers for consumers, businesses and professionals in the dental, hospitality, educational, and medical fields, according to a news release.
“We are thrilled about the unique product development opportunities this merger will create,” Oransi CEO Peter Mann said in a statement. “We’re continuing our rapid expansion while delivering unparalleled quality with our American-designed and American-made air purification products that consumers, businesses, schools, and the professionals in the health fields love.”
Located at 113 Corporate Drive in the Plymouth Building, Oransi’s Radford facility will be its first manufacturing plant. Virginia competed with North Carolina for the facility.
The Virginia Economic Development Partnership worked with Radford and Onward New River Valley to secure the project, which received a $50,000 grant from the Commonwealth’s Opportunity Fund to assist Radford with the project.