Mindray, based in Shenzhen, China, is expected to commit $150 million (U.S.) over 3 1/2 years, with an
initial first-year investment of no more than $30 million. The R&D and
manufacturing facility will be operational by 2009 and is intended to expand
Mindray’s presence in the Yangtze Delta region, as well as Shanghai.
Mindray currently manufactures its ultrasound systems, patient monitoring
devices, and diagnostic laboratory instruments exclusively in Shenzhen.
By AuntMinnie.com staff writers
December 28, 2006
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