St. Jude Medical Plans $30 Million Device Plant In Malaysia
This article was originally published in PharmAsia News
Executive Summary
U.S. device maker St. Jude Medical plans a $30 million investment in Malaysia, building a large facility to serve as the basis for a manufacturing expansion. The company plans to begin on the office and plant combination this year with plans to begin operations in 2011. According to a government minister, St. Jude plans to kick off the facility by producing its cardiac rhythm management devices. The facility expects to employ about 300 Malaysians initially, but has the room to create as many as 1,000 jobs in the future. (Click here for more