Sign up for the QMED & MD+DI Daily newsletter.
Medtech Titan Baxter to Shut Down Alabama Plant 53337
Nearly 500 employees at the Opelika facility will be affected.
July 31, 2023
1 Min Read
RapidEye/iStock via Getty Images
Several media outlets are reporting that medical device OEM Baxter will cease production at its plant in Opelika, AL, affecting nearly 500 employees.
According to a press release cited by WTVM in Columbus, GA, Baxter leadership said that the closure was not a reflection on the quality of the workforce or the business climate in Opelika, “but was brought on by global market conditions that have impacted demand and overseas competition.”
Operations are scheduled to shut down in November.
The plant, which produces dialyzers for the global market, originally belonged to Gambro Renal Products, part of Sweden’s Gambro AB, which Baxter acquired in 2013. In 2014, Baxter completed a $252 million expansion of the facility that doubled the size of the plant, according to WTVM. The total capital investment in the plant reportedly exceeded $400 million.
As recently as April 2023, Baxter listed several open positions at the Opelika plant via ZipRecruiter, including an injection molding operator slot for the night shift. Compensation was pegged at $41,600 plus benefits.
Baxter announced back in February during a Q4 2022 earnings call that it would shed nearly 5% of its workforce, MD+DI reported. The reduction was part of measures that would save the company more than $300 million in 2023.
About the Author(s)
Editor in chief of PlasticsToday since 2015, Norbert Sparrow has more than 20 years of editorial experience in business-to-business media. He studied journalism at the Centre Universitaire d'Etudes du Journalisme in Strasbourg, France, where he earned a master's degree. Reach him at [email protected].
You May Also Like
Pedersen's POV graphic featuring the headshot of MD+DI Senior Editor Amanda Pedersen and a pull quote from the latest edition of her opinion column.
BioSig's Ridiculously Sparse Layoff Announcement Reeks of CallousnessFeb 26, 2024|3 Min Read
Sourcing Electrical Components: Are We Back to Normal?Feb 26, 2024|6 Min Read
Your Smartwatch Can’t Measure Blood Glucose Levels… YetFeb 26, 2024|3 Min Read
Medtech in a Minute: Medtronic Pulls the Plug on Ventilators and MoreFeb 26, 2024|1 Min Read