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.

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.