Covidien Heads to Ireland
Bermuda-based Covidien is moving its incorporation to Ireland in 2009. The reorganization, as the company calls it, will create Covidien plc. The international expansion will provide "increased strategic flexibility and operational benefits," according to president and CEO Richard Meelia. Covidien has been in Ireland for almost 30 years and already has five facilities that serve the medical device industry there.
December 30, 2008
1 Min Read
The company doesn't expect the move to affect its financial results, or its U.S. operations or employees. The company has 42,000 employees worldwide and about 2000 at its U.S. headquarters in Mansfield, MA.
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