Today, many companies choose to move operations abroad. Low-wage countries are popular destinations right now. The Becton Dickinson Company, which made profits, will shut down in Helsingborg and the reason is that the medical technology company is moving operations to low-wage countries.
Becton Dickinson’s CEO Hans Bengtsson acknowledges that it takes time to move such a process.
It is an old classic Helsingborg company that is shutting down in Sweden, with the decision to close and move production to low wage countries. It will go to countries like Mexico, India and Singapore where Becton Dickinson already has operations and where there are lower costs to do business. However, the settlement process will take four years.
In this economic crisis it is to Mexico, India, Singapore and even China that companies see opportunities where labor costs are much lower.
Hans Bengtsson has confirmed that it is a profitable company, but that the margin is not enough right now to stay at the domestic market. He also points out that he thinks it will be difficult to maintain profitability in the future. That is why they now choose to operate in these countries. They are already working on new employments. This decision is made by the owner.
Cecilia Helland