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Invacare announces layoffs in Ohio following FDA injunction

Fri, 12/28/2012 - 7:45am
Mass Device

Medical device maker Invacare lays of nearly 150 from an Ohio manufacturing facility, citing a "decline in production" following an injunction agreement with the FDA.

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Elyria, Ohio-based medical device company Invacare (NYSE:IVC) cut 143 employees from its local manufacturing facility, citing a "decline in production."

The decline is the result of manufacturing limits related to an FDA injunction that was approved last week, according to a press release.

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