Ventec Life Systems winding down ventilator production in Kokomo
Read full article: Ventec Life Systems winding down ventilator production in Kokomo– Ventec Life Systems will stop producing medical breathing machines in Kokomo by the end of the month, the company’s CEO has told employees. Ventec is “winding down production in Indiana” because of weakening demand for its ventilators, Ventec CEO Chris Kiple said in an email sent to employees Tuesday and obtained by the Kokomo Tribune. The company has about 800 employees in Kokomo. President Donald Trump ordered GM to build the ventilators in March under the Defense Production Act. “I want to extend my heartfelt thanks to everyone who made production in Kokomo such as success in the past nine months,” Kiple wrote in his email.