Biomet closes Swiss plant… a sign of the times for the big 5?

Layoffs: Biomet to shutter Swiss plant amid 'challenging economic environment  (MassDevice) Biomet prepares to close doors on a 230-employee manufacturing facility in Switzerland, citing a global dip in medical device prices and ongoing economic challenges. Biomet is letting go of a Swiss manufacturing facility that employs 230 workers, blaming the closure on "declining global prices for medical devices and a challenging economic environment." The Le Locle, Switzerland location will close doors within the year, and operations will shuffle to other facilities around the globe. No closure-relate...


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