Abbott (NYSE:ABT) said it plans to shutter the Webster, Texas plant it acquired along with IDEV Technologies last year and move production and 50 jobs to another site in California.
Abbott Vascular, which is in the middle of a restructuring plan aimed at streamlining operations and improvinge earnings, revealed the closing of the Houston-area facility in a Sept. 17 Workforce Adjustment and Retraining Notification Act filing.
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