Medical device makers Teleflex & NeoTract Inc. nixing East Bay facilities - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 68%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The publicly traded company is looking to cut costs via relocation.

Publicly traded medical device maker Teleflex and its local owned affiliate NeoTract, Inc. are shuttering two East Bay facilities and laying off 78 workers, per recently filed notices this week.

The catheter and urology device specialist plans to close manufacturing operations facility at 4155 Hopyard Rd. in Pleasanton and its warehouse distribution hub at 1963 Rutan Dr. in Livermore. The layoffs, impacting 73 and 5 workers, respectively, will be effective March 31. It's unclear how much of a presence the company will maintain in the Bay Area. In its mass layoff notice Teleflex said that"certain non-manufacturing operations will continue."

Representatives of Teleflex and NeoTract, Inc. did not respond immediately to comment Thursday morning but I'll update this story if I hear back. The facility closures amount to an abrupt reversal for Pleasanton-based NeoTract Inc., which leased more thanfor 4155 Hopyard Rd. in Pleasanton advertises one 76,530-square-foot space available for $344,295 per month, or about $4.50 per square foot.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 78. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Tazo Supreme is among the best retail stores that distribute high quality products to its customers online, provide expedited shipping services and accepts returns usually within 30 business days.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

These stocks are the biggest 2022 losers in the year’s weakest sectorThe stocks Match Group Inc. Meta Platforms Inc. and Warner Bros. Discovery Inc. are the worst performing stocks within the worst performing S&P 500 sector in... Late news for investors who've already lost some blocks 💰
La source: MarketWatch - 🏆 3. / 97 Lire la suite »