Medtronic (NYSE:MDT) CEO Omar Ishrak said yesterday that the medtech giant is partnering with Foxconn Technology Group to manufacture ventilators at Taiwan-based Foxconn’s plant in Wisconsin to treat the sickest COVID-19 patients. In an interview with CNBC, Ishrak said he didn’t know how many ventilators the deal will produce, but said production will begin in the […]
nortechsystems
Nortech, Minnetronix may start building ventilators
Two Minnesota medtech contract manufacturers are taking a hard look at producing ventilators, including one from the plans that Medtronic made public last week to address the coronavirus outbreak. Maple Grove-based Nortech Systems (NSDQ:NSYS) told Medical Design & Outsourcing it is seriously considering starting to produce the machines based on the design specifications of Medtronic’s Puritan Bennett 560 (PB 560) […]
Nortech Systems is expanding its Mexico operations
Nortech Systems (Nasdaq: NSYS) says it has signed a lease on for a new facility to be built in Monterrey, Mexico — about 5 miles from Northech’s present location in the northeastern Mexican city. Nortech (Maple Grove, Minn.) plans to occupy the facility — which is double the size of the present location — by […]