Foxconn, Medtronic plan to produce 10,000 ventilators in Wisconsin
Foxconn and Dublin-based Medtronic are ramping up plans to produce 10,000 ventilators over the next year at the Taiwanese company’s Mount Pleasant campus, according to a Thursday statement.
The ventilators will be marketed and sold by Medtronic.
Foo-Ming Fu, CEO of Foxconn Industrial Internet Wisconsin, said they’ve gone from zero ventilator manufacturing capabilities to a “tested, qualified ventilator manufacturing cell” in the last two months.
“No single company can meet the current demands for ventilators that are critical in the fight against COVID-19,” Vafa Jamali, senior vice president and president of the respiratory, gastrointestinal and informatics business, which is part of the Minimally Invasive Therapies Group at Medtronic, said in a statement. “Joining together with Foxconn immediately increases our production capacity to meet the increased demand and creates a flexible manufacturing model for us.”
If needed, the two companies can increase production capability to more than double the current ventilator commitment.
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