Stryker Will Export its China-made Trauson Products to India
publication date: Aug 11, 2014
Stryker, a US medical device maker, plans to introduce products from its China Trauson division into India in 2015. From there, Stryker plans to expand further into other Asian countries. In January 2013, Stryker paid $764 million to acquire Trauson, a company that makes trauma and spine reconstruction products. Stryker’s China revenues were up double-digits in the most recent quarter, and the company’s CEO said Trauson’s products, which address lower price points than Stryker’s, represent new business to Stryker. More details....
Stock Symbol: (NYSE: SYK)
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