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Welch Allyn Acquires Assets of TRIMLINE Medical Products

Press releases may be edited for formatting or style | April 28, 2010

The transition from TRIMLINE Medical Products Corporation to Welch Allyn is expected to begin immediately and be completed by the end of the year. TRIMLINE's 152 employees will be retained during the transition period, as product manufacturing is absorbed into Welch Allyn's own manufacturing sites in Skaneateles Falls, NY, and Tijuana, Mexico. Welch Allyn intends to offer comprehensive retention bonuses to those employees who remain through the transition, and all displaced employees will receive a comprehensive severance package and job placement assistance.

"Welch Allyn intends to continue its tradition as a leader in high quality, reliable blood pressure devices," added Shimer. "This acquisition will allow us to offer a more extensive line of products in both the U.S. and international markets. Through the continued assistance and encouragement of New York State and Empire State Development, Welch Allyn continues to grow its business at its global headquarters in Central New York. It is a boon to Welch Allyn, its customers, distributors, and, of course, the frontline caregivers and patients who rely on our products to advance health care around the world."

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About Welch Allyn

Founded in 1915 and headquartered in Skaneateles Falls, NY (USA), Welch Allyn is a leading global manufacturer of medical diagnostic equipment and a complete range of digital and connected solutions. With 2,500 employees working in 26 different countries, Welch Allyn specializes in helping doctors, nurses, and other frontline practitioners across the globe provide the best patient care by developing innovative products, breakthrough technologies, and cutting-edge solutions that help them see more patients, detect more conditions, and improve more lives. More information about Welch Allyn and its complete line of connected products and solutions may be found at www.welchallyn.com

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