Jobs to go at Hull medical company
The company’s Advanced Wound Management business is set to lose 140 jobs by July 2016 as production is transferred from Hull to Suzhou in a bid to “fully utilise” all its manufacturing facilities.
But the company said Hull remains a “major cornerstone” of the business and plans to invest $16m in the plant.
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Hide AdNoel Waters, Senior Vice President, Global Operations at Smith & Nephew, said: “We are very proud of our heritage in Hull and the site remains a major cornerstone of Smith & Nephew. We are delivering new programmes and actively working on bringing new processes to Hull in order to maximise the benefits from our highly skilled workforce and to continue to create a sustainable future for the site.”
The multi-million dollar investment includes spending $4.7m on flood defences, following a flood on the site in December. Last year the company launched 23 new products.
Mr Waters added: “The specialised manufacturing expertise in Hull will ensure we continue our high rate of innovation, developing new and enhanced market leading products.”