Tecomet to shutter Symmetry Medical plants, laying off 319 workers
2014: The year of the medtech IPO | Medtech Wall Street news for the week of December 15, 2014
Ex-Boston Scientific CEO Tobin joins Oxford Immunotec board | Personnel Moves
Hologic CEO gives glowing review to major stakeholder and activist investor Carl Icahn | Medtech Wall Street news for the week of August 4, 2014
Symmetry Medical sells its OEM biz to Tecomet for $450M
Symmetry Medical’s (NYSE:SMA) going through some big changes, selling off its orthopedics components division and spinning out its surgical business.
Johnson & Johnson plans to file for approval 30 “major” products | Medtech Wall Street news for the week of May 26, 2014
Symmetry Medical sells off Clamonta aerospace subsidiary
Symmetry Medical (NYSE:SMA) said today that it sold its Clamonta Ltd. aerospace subsidiary to the HLDF Corp. for roughly $1.3 million (£0.8 million), but remains committed to the aerospace machining market.
The move prompted Symmetry to cut its guidance for 2014, sending share prices down slightly on Wall Street.
Symmetry Medical to shutter UK plant
Symmetry Medical’s (NYSE:SMA) said it plans to close a plant in Cheltenham, England, this year, meaning layoffs for 40 workers there.
The Warsaw, Ind.-based medical device company said the plant makes medical instruments.
Symmetry Medical may wind down U.K. manufacturing
Indiana’s Symmetry Medical (NYSE:SMA) reported this week that it’s begun efforts to wind down operations at a Cheltenham, U.K. manufacturing plant, saying that it "initiated a consultation process" with the local employees.
Writedown pushes Symmetry Medical into Q3 red
Symmetry Medical (NYSE:SMA) put some red ink into its ledgers during the 3rd quarter as it struggled to integrate a pair of acquisitions and recovered from a fire in a British plant that destroyed part of the facility.
Sirona Dental CFO steps down after 15 years | Personnel Moves
Sirona Dental (NSDQ:SIRO) CFO Simone Blank is slated in October to hand over her title to new-comer Ulrich Michel, who formerly worked as a finance chief in the commercial auto and heating/ventilation industries.
Blank worked for Sirona for 15 years, taking on the CFO title in 2005. The company did not state a reason for her departure, but she will stay on until October 14 to help smooth the transition.
