Texas-based Galt Medical Corp., a division of Theragenics (NYSE:TGX), is laying off 139 employees as it closes doors on a facility in its Garland hometown, according to a notice filed with state authorities.
The surgical devices maker plans to phase the closure out over the course of 2 years starting this fall, according to the Dallas Business Journal.
"The announced layoff is the result of a plant closing which will affect the entire facility and is expected to be permanent," according to the filed notification.
Galt, founded in 1991 and acquired by Theragenics in 2006, serves the cancer treatment and surgical markets with disposable medical devices, primarily in interventional radiology, interventional nephrology and interventional cardiology.
