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Invacare Shuts Down China Factory; More Exits To Come?

 
• By Brian Yang

U.S. home medical device giant Invacare shut down its factory in Suzhou, China, once considered to be one of its most important markets, underscoring increasing challenges facing multinational device firms in China.

China

Ohio-based Invacare Corp. has decided to close its Suzhou, China operation, citing restructuring needs. Established more than a decade ago, the factory manufactures respiratory machines for the US market.

The move is "the second phase of the company’s strategic transformation, which is focused on leveraging the company’s infrastructure and...

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