Healthcare Business News
 

Cardinal Health cutting 650 jobs in Illinois


By Crain's Chicago Business
Posted: January 31, 2013 - 9:00 am ET
Tags:

Healthcare manufacturing and distribution giant Cardinal Health is moving production out of north suburban Waukegan, a move that will cost some 650 local jobs.

\Dublin, Ohio-based Cardinal Health disclosed Wednesday that it also would sell property in Waukegan, but the company will keep some operations there. Cardinal expects to incur a loss on the property sale, according to a filing with the Securities and Exchange Commission.

Advertisement | View Media Kit

 

Cardinal will sell seven of the nine buildings at McGaw Park and consolidate Waukegan employees into the remaining two, the spokeswoman said.

Cardinal's decision will cut 650 jobs in Waukegan, leaving about 700 there, a Cardinal Health spokeswoman said. The Waukegan production of surgical kits will move to South Carolina and Mexico, she said. The net job loss to the company will be about 100.


What do you think?

Share your opinion. Send a letter to the Editor or Post a comment below.

Post a comment

Loading Comments Loading comments...

Search ModernHealthcare.com:


 

Switch to the new Modern Healthcare Daily News app

For the best experience of ModernHealthcare.com on your iPad, switch to the new Modern Healthcare app — it's optimized for your device but there is no need to download.