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ICU Medical to close Minnesota facility, cut 81 jobs

August 17, 2023 By Sean Whooley

ICU Medical - updatedICU Medical (Nasdaq: ICUI) filed with the state of Minnesota to confirm a facility closure and some layoffs.

Layoffs continue to impact the medtech industry as companies battle ongoing economic challenges. Over the past year or so, MassDevice has reported on around 18,000 job cuts across the industry.

Minnesota’s State Rapid Response Team received a Worker Adjustment and Retraining Notification (WARN) letter from ICU Medical dated Aug. 17. It informed the state of the permanent closure of a plant and layoff of approximately 81 employees. The manufacturing facility is located in Oakdale, just east of St. Paul.

Get the full story at our sister site, MassDevice.

Filed Under: Business/Financial News, Drug-Device Combinations, Featured, Technology Tagged With: ICU Medical

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About Sean Whooley

Sean Whooley is an associate editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at swhooley@wtwhmedia.com.

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