Weidmann develops Bad Ragaz site
Rapperswil-Jona SG – The technology company Weidmann increased its sales in 2019. In contrast, there were some factors burdening the operating income. The area of Medical Technology is developing positively in Bad Ragaz SG, and the site is being expanded.
According to a press release, Weidmann increased its sales by 3 percent to 351 million Swiss francs in 2019. In contrast, the company from the St.GallenBodenseeArea reports that operating income has been burdened by restructuring expenses, significantly increased raw material costs, and the reinvigorated Swiss franc.
The division of Medical Technology has developed very positively. Sales for this area increased by 2 percent last year due to successful project acquisitions and higher serial sales with new products. This area has two sites. In addition to Saltillo in Mexico, there is also Bad Ragaz. The operating performance of both sites has already been increased by “continuous process, production and quality optimizations.” The Bad Ragaz site is now going to be expanded further as Weidmann requires additional cleanroom capacities for new products in the areas of In-vitro Diagnostics and Medical Devices, which will be developed in Bad Ragaz.