GE $15 Million Life Sciences Manufacturing Center

Life sciences giant GE Healthcare has opened a $15 million medical technology manufacturing facility in Cardiff, Wales. The new facility is based at the 30-acre Maynard Centre, where the company already employs over 400 people.

The new manufacturing facility will be home to the production of almost 2,000 life sciences products used in the pharmaceutical, food and environmental industries, including those used for stem cell therapies and human disease diagnosis and treatment.

Nick Main, site director and general manager of operations for GE Healthcare in South Wales, said: ¿The completion of our new manufacturing facility reflects a significant investment in GE Healthcare¿s South Wales operations. This has given us a platform from which to grow the business and support the Welsh economy.¿

"This expansion is a critically important addition to the medical technology infrastructure in Wales,¿ said Geraint Jones, head of Americas for the Welsh Assembly Government. ¿The presence of an industry giant such as GE Healthcare goes a long way towards encouraging North American investment in the Life Sciences sector."

GE Healthcare also manufactures products for medical imaging and information technologies, medical diagnostics and patient monitoring systems from its Wales location.

The company supplies materials to customers across the globe, ranging from multinational pharmaceutical companies to individual research institutes and universities. The 30-acre site was opened in 1980 at a cost of over $40 million and since that time has grown to become one of the major development and manufacturing centers in the GE Healthcare Life Sciences organization.

GE Healthcare is the $16.3 billion U.K.-based subsidiary of General Electric Worldwide. The company employs more than 46,000 people in more than 100 countries