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Greatbatch Medical (GB) Proposes Consolidation of Orthopaedics Manufacturing Sites


7/2/2012 11:25:52 AM

CLARENCE, N.Y.--(BUSINESS WIRE)--Greatbatch Medical, a subsidiary of Greatbatch, Inc. (NYSE:GB), today announced a proposal to consolidate its orthopaedics manufacturing operations. The move is designed to enhance operating efficiencies and drive global growth opportunities.

Under the proposal, most major functions currently performed at the company’s sites in Orvin and Corgemont, Switzerland would transfer into existing Greatbatch Medical facilities in Fort Wayne, Indiana and Tijuana, Mexico by the close of 2013. There are currently 196 persons employed in the Orvin and Corgemont facilities, of which up to 90% could be affected by the current plan.


Read at BioSpace.com


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