Celestica Completes Allied Panels Acquisition

Celestica Inc. , a global leader in the delivery of end-to-end product lifecycle solutions, today announced it has completed its acquisition of Allied Panels Entwicklungs-und Produktions Gmbh , a leading medical engineering and manufacturing service provider, offering concept-to-full production solutions, with a core focus on diagnostic imaging products.

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Recession Leads to Sales Decline and Loss for Allied Healthcare Products in Fiscal 2010

ST. LOUIS, Aug. 30 /PRNewswire-FirstCall/ — Recession-driven budget cuts by hospitals and governmental entities reduced sales for Allied Healthcare Products, Inc. (Nasdaq: AHPI) throughout fiscal 2010. The company managed to offset much of the year’s sales decline by cutting overhead and operating costs. Still, the company reported a loss for the year. For the fiscal year ending June 30, 2010 …

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Many public hospitals face increasingly pressures; Nonprofit hospitals face uncertain futures

The Wall Street Journal: “Faced with mounting debt and looming costs from the new federal health-care law, many local governments are leaving the hospital business, shedding public facilities that can be the caregiver of last resort. … More than a fifth of the nation’s 5,000 hospitals are owned by governments and many are drowning in debt caused by rising health-care costs, a spike in uninsured …

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