Phillips-Medisize lands major order for new China plant

Phillips-Medisize (Hudson, WI) has been awarded a new medical drug delivery finished device order for its newly acquired Chinese manufacturing plant with a target start of production in mid-2014.

On Aug. 31, Phillips-Medisize completed the previously announced acquisition of two manufacturing operations in Suzhou, China (Adval Tech Medical (Suzhou) Co. Ltd.) and Queretaro, Mexico (Omni Manufacturing Services S.A. de C. V.) from the Adval Tech Group of Niederwangen, Switzerland.

The sale of the properties is the result of a new strategy for Adval Tech, including more focus on its moldmaking businesses. FOBOHA is one of its companies....

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