Stryker (NYSE:SYK) is reportedly planning to close a plant in Charleston, S.C., that it acquired when it bought Berchtold Holding last year.
Kalamazoo, Mich.-based Stryker plans to shutter the plant by the end of the year, according to the Charleston Post and Courier. Stryker paid $172 million in April 2014 for Berchtold, which makes surgical tables, lighting systems and other operating room and ICU equipment.
Stryker is planning to absorb the operation, which employed about 115 workers in 2012, into its manufacturing network but declined to offer details.
“Stryker has a strong legacy of delivering results and we are constantly evaluating our business to ensure that our resources are aligned to drive growth, meet the needs of our customers and increase operating efficiencies in a complex global environment,” the company said in a statement.
A Stryker spokeswoman declined to say how many jobs are involved, the newspaper reported.