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Somerset County manufacturer bringing jobs back from China
Daily American Staff Writer @DAPeteBosakA Somerset County-based medical device manufacturer is creating about 20 local jobs by moving operations from China back to the county thanks to a $1.8 million business and industry loan guarantee announced Friday. DeVilbiss Healthcare is returning...Tags: China, Manufacturing and Engineering
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Obamacare's tax on innovation
Government leaders are asking us to out-innovate, out-export and out-work our competitors in order for the United States to turn this economy around. But what if our own government was instituting policies that proved to be some of the biggest obstacles...
Tags: Colleges and Universities, Invention and Innovation, Politics, Health Care Reform (2009), National Government
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Theragenics gets buyout offer from investment firm; shares jump
ReutersMay 13 (Reuters) - Medical device maker Theragenics Corp said it had received a takeover offer of $69.9 million to $71.4 million from Juniper Investment Co, representing a premium of 51-54 percent to its closing stock price on Friday. The company's...Tags: Leveraged Buyouts, Manufacturing and Engineering, Stock Market
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C R Bard to pay $48 mln to settle kickback allegations, DOJ says
ReutersMay 13 (Reuters) - Medical device maker C.R. Bard Inc will pay about $48.3 million to resolve allegations it made illegal payments to hospitals and physicians to entice them to buy its radiation treatment for prostate cancer, the Justice Department said....Tags: Manufacturing and Engineering, Prostate Cancer
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Goldman Sachs invests $20mln in Indian medical device maker
ReutersHONG KONG, May 13 (Reuters) - Goldman Sachs is investing $20 million in Indian medical device maker BPL Medical Technologies, a unit of BPL Ltd, the bank's second investment in India this month. BPL Medical distributes products such as...Tags: Biomet Incorporated, India, Medical Research, Manufacturing and Engineering, Goldman Sachs Group, Inc.
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Latest Indiana news, sports, business and entertainment
INDIANA FLOODING-LOANS Feds OK loans for flood-damaged Indiana counties INDIANAPOLIS (AP) — A federal agency has approved Gov. Mike Pence's request for low-interest loans for victims of April flooding that caused heavy damage in three central...Tags: Business, Regional Authority, U.S. Department of Health and Human Services, Warsaw (Poland), Murder
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Orthopedic products maker Zimmer cuts some jobs from its northern Indiana workforce
WARSAW, Ind. (AP) — Orthopedic products maker Zimmer Holdings has cut some jobs from its northern Indiana workforce. The company didn't specify how many workers were let go, saying only that "less than 50 full time employees were impacted" at its...Tags: Warsaw (Poland), Zimmer Holdings Incorporated, Manufacturing and Engineering
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Zimmer lays off nearly 50 workers
WARSAW - Warsaw-based Zimmer Holdings Inc. has parted ways with almost 50 full-time employees. The employee reductions took place across the company's businesses and geographic segments. Those who were laid off will receive severance packages. Zimmer, a...Tags: Warsaw (Poland), Zimmer Holdings Incorporated, New Products, Manufacturing and Engineering
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ICU Medical explores possible $1 billion sale -Bloomberg
ReutersNEW YORK, May 8 (Reuters) - San Clemente, California-based medical device provider ICU Medical Inc is considering a sale that could fetch more than $1 billion, according to a Bloomberg News report Wednesday morning. The maker of intravenous medical...Tags: ICU Medical Incorporated, Bloomberg L.P., Manufacturing and Engineering
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Hairy bat tongues grab more nectar, could inspire medical devices
Some talented humans can fold their tongues into a three-leaf clover, but some bats accomplish an even greater feat: Hair-like structures on their tongue tips stand to attention when they lap up nectar, allowing them to collect more. This "nectar mop,"...Tags: Medical Research, Science and Technology, Manufacturing and Engineering, Science
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New Britain Drives To Keep Manufacturers, Attract More
The Hartford CourantThe city is preparing to offer $100,000 of incentives to boost new hiring and advanced skills training at its roughly 130 manufacturing businesses. Calling it "only the beginning" of a drive to help local manufacturers, Mayor Tim O'Brien announced...Tags: Business Enterprises, New Britain, Manufacturing and Engineering
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HeartWare loss smaller than expected; shares rise
ReutersApril 29 (Reuters) - Medical device maker HeartWare International Inc reported a smaller-than-expected first-quarter loss after sales of its heart pump soared 62 percent, sending its shares up 8 percent after market. Net loss narrowed to $12.9 million,...Tags: Thomson Corporation, Manufacturing and Engineering
May 17, 2013
|Story| Daily American
May 14, 2013
|Story| Baltimore Sun
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 12, 2013
|Story| Reuters
May 11, 2013
|Story| AP Indiana
May 10, 2013
|Story| AP Indiana
May 10, 2013
|Story| South Bend Tribune
May 8, 2013
|Story| Reuters
May 7, 2013
|Story| Los Angeles Times
May 1, 2013
|Story| Hartford Courant
Apr 29, 2013
|Story| Reuters
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