E-Z-EM opts for outsourcing to save money:
This article was originally published in Clinica
Executive Summary
Contrast agent and related products manufacturer E-Z-EM is to close its device manufacturing facility in San Lorenzo, Puerto Rico, and its heat sealing operation in Westbury, New York. It says that by outsourcing these activities it can make annual savings of $2.2m from fiscal 2005. Charges related to the closures will total $1.9m up to the year ending May 31 2004.