Cook Medical today announced plans to acquire a Winston-Salem, N.C.-based former cigarette facility, with plans to convert it into a medical device manufacturing facility.
The 850,000 square-foot building, which was built in 1961 and ceased production in 2012, will house more than 650 local Cook Medical workers, the Bloomington, Ind.-based company said.
The acquisition of the property is subject to conditions including inspections and finalizations with the city of Winston Salem, Forsyth County and the state of N.C. Cook Medical said it expects the deal to close during the third quarter.
“To turn part of the R.J. Reynolds building into a life-saving and life-changing medical device manufacturing facility is an exciting transformation. We’re proud to reinvest in the community, the history and the local economy. We need the new space to modernize and transform our operations and manufacturing that will continue providing innovative technologies to help treat patients around the world. The flexibility that the R.J. Reynolds space provides will allow us to purpose build for efficiency in our production lines,” Cook Medical Winston-Salem facility prez Barry Slowey said in a press release.
In May, Cook Medical said it plans to appeal the loss of a product liability lawsuit brought over its Celect vena cava filters.