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Invacare Corporation Announces Transfer of Wheelchair Production from Sweden to France

INVACARE (IVC)  More Company Research Source: Business Wire
Last invacare earnings: 11/7 04:31 pm Check Earnings Report
PDF ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (NYSE: IVC) today announced that it will transfer production of Invacare® Rea® manual wheelchairs from its facility in Dïo, Sweden to its wheelchair manufacturing facility in Fondettes, France by January 2018. This move will allow the company to better optimize its wheelchair manufacturing facility in Fondettes, while enabling its Dïo facility to focus on its production of beds for the Nordic market, along with its distribution center for lifestyle products. “As we continue to make progress in Phase Two of our strategic transformation, we will continue to leverage our existing global infrastructure and further increase efficiencies. By transferring wheelchair production from Dïo to Fondettes, we are able to create a European wheelchair center of excellence that is centrally located to our European customers. We will continue to stay close to our Nordic [Read more]

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