Becton, Dickinson’s COO says the company plans to make more than half its products in Asia over the next decade, aiming to take advantage of rising government healthcare spending there. BD execs: We’ll make half our products in Asia by 2024
Becton Dickinson & Co. (NYSE:BDX) marked its 25th year in Singapore by revealing plans to shift production of more than half of its products to Asia over the next decade, according to a news report.
COO Bill Kozy said that Franklin Lakes, N.J.-based Becton Dickinson now makes most of its devices outside of Asia, but will shift that balance over the next 10 years as it looks to become “a real device leader” in Asia, the Singapore Business Times reported.
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