Greatbatch/Precimed to Relocate Ortho Unit from Switzerland to Fort Wayne and Tijuana

Greatbatch to Relocate Ortho Unit - Analyst Blog (Nasdaq Blog)
Medical technology company, Greatbatch Inc. recently proposed to relocate Greatbatch Medical's orthopedics manufacturing business from Orvin and Corgemont in Switzerland to the company's other facilities located at Tijuana, Mexico and Fort Wayne, Indiana. The company plans to complete the relocation by the end of 2013.
The proposal represents the company's intention to cut costs and improve efficiencies. The company's orthopedics segment's performance has been affected by the challenging market conditions. Greatbatch Medical's, Ort...