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Article: Survivors making the most of recession.(News)
- Article from:
- Plastics News
- Article date:
- March 2, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mike Verespej
The economic downturn, combined with interest on the part of hospitals and device makers to reduce liabilities, risks and costs, is creating opportunities for some materials companies that supply the medi- cal industry.
"The impact of downsizing is helping materials suppliers, said Larry Johnson, marketing director of health care for PolyOne Corp. The Avon Lake, Ohio-based company has grown its health-care materials business by 70 percent since the end of 2006 and expects to attain a 10 percent-plus growth rate in 2009 despite the rugged economic climate.
Johnson said in an interview at Medical Design & Manufacturing West, ...