ZOLL Executing a Plan to Build 10,000 Ventilators/Month in Response to COVID-19 Pandemic
ASAHI KAISEI CRP UNSP/ADR (AHKSY)
NASDAQ:AMEX Investor Relations:
asahi-kasei.co.jp/asahi/en/ir
Company Research
Source: Business Wire
Targeting 25-fold increase in production CHELMSFORD, Mass.--(BUSINESS WIRE)--ZOLL® Medical Corporation, an Asahi Kasei Group company that manufactures medical devices and related software solutions, is taking aggressive steps to increase manufacturing capacity to 10,000 ventilators per month in response to the COVID-19 pandemic. This represents almost a 25-fold expansion from recent production volumes.The company has reached out to its supply base, most of which is in the United States, to enlist their support in meeting this demand.“As we strive to meet the increased demand, we have the benefit of a large, highly trained workforce and a state-of-the-art factory,” said ZOLL CEO Jon Rennert, “and are prepared to expand our supply base as necessary. We have received many unsolicited offers of help from not just medical companies, but industries including aerospace, automotive, and information technology. We look forward to working with the U.S. Government and private industry collabo
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