GEHC Stock May Rise With $138M Investment in Cork Facility Expansion

GE HealthCare Technologies Inc. (GEHC) recently announced a $138 million investment to expand its manufacturing facility in Cork, Ireland. This initiative will boost the production of imaging contrast media, a critical component in diagnostic procedures, and strengthen GEHC's global supply chain to meet growing healthcare demands.The new state-of-the-art facility on the grounds of the existing site is likely to enable 25 million more patient doses per year of contrast media by the end of 2027, helping addre ...