A Tech Valley leader grows

$5M AngioDynamics site opens, top executive upbeat about the future
QUEENSBURY -- AngioDynamics Inc. unveiled its gleaming new 36,000-square-foot warehouse and distribution facility here Friday, giving the public and U.S. Rep. Kirsten Gillibrand a view of what the future may hold for the growing medical-device manufacturer.
After all, on any given day, the company is either the second- or third-largest public company in the Capital Region in terms of stock market capitalization at roughly $440 million.
That's something Chief Executive Eamonn Hobbs says is a well-kept secret he'd like more people to know about.
In fact, the company shipped 16,000 of its products on a recent day, a record for the company, which earned $2.4 million on sales of $37.5 million during the quarter that ended Aug. 31.

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