Workers will be relocated, if possible, but closing the plant is necessary because of declining global prices for medical devices. No dismissals will go into effect before June 2014.
Biomet designs and manufactures myriad spine and orthopedic devices.
More Articles on Devices:
Study: Total Hip Replacement Revision Rates 3% Higher for Metal-on-Metal Implants
Stryker Net Earnings Dip 34.5% in Q2 From Device Recall Costs
Medical Device Tax Cost Industry $1B Since Jan. 1
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
