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AngioDynamics to lay off up to 100 in consolidation plan

Fri, 12/06/2013 - 9:17am
Mass Device

AngioDynamics announces plans to consolidate facilities in its New York home base, including layoffs for up to 100 workers.

AngioDynamics to lay off up to 100 in consolidation plan

AngioDynamics (NSDQ:ANGO) said it plans to lay off up to 100 workers, or about 7.5% of its workforce, as it consolidates its footprint in upstate New York.

Latham, N.Y.-based AngioDynamics said the plan, which aims to save between $15 million and $18 million over the next 3 years, involves the consolidation of its manufacturing operations at a Glens Falls, N.Y., plant including product lines made at a Queensbury, N.Y., facility, which will become the medtech maker's distribution center.

The move will also mean layoffs for 80 to 100 workers in the Empire State. AngioDynamics employed about 1,330 workers as of May 31, according to a regulatory filing.

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