Philips opens Brazilian manufacturing facility
Philips Healthcare has opened its first diagnostic imaging equipment manufacturing facility in South America, an MR and CT facility located in Sao Paolo, Brazil.

The new production plant was built at the former site of VMI Sistemas Médicos, a Brazilian diagnostics equipment manufacturer acquired by Philips in 2007

Three types of MRI systems will be manufactured in Brazil: the Intera 1.5T and Achieva 1.5T and 3.0T. Initially, 70 percent of the components for the devices will be imported, but Philips’ intention is to increase the proportion of locally-produced components to 60 percent by mid-2010. The company said it is currently identifying and equipping locally-based factories to enable them to manufacture many of the highly advanced components used in the devices

Philips said its delivery time of CT and MR products is set to be substantially reduced from eight months to 30 days in South America. There firm said it will also be able to reduce the final price of the MR systems around 15 percent due to a combination of reduced taxes and lowered production costs.
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