Gaymar set to close, cutting 160 jobs (BuffaloNews.com)
Maker of medical devices, founded in 1956, will shutter Orchard Park and West Seneca operations after buyout by Stryker Corp. last year
Gaymar Industries' Orchard Park and West Seneca operations will close by the end of next year, eliminating 160 jobs, victims of cost-cutting measures by its new parent company.
Gaymar, a maker of medical devices, was acquired by Stryker Corp. last year for $150 million in an all-cash deal. Michigan-based Stryker, a Fortune 500 medical technology giant, recorded sales of $7.3 billion in 2010.
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