Jul 16, 2012 4:18 PM GMT
One of the biggest exports that the US has is medical devices and technologies... I guess they didn't pay their lobbyists enough.
"The medical device tax constitutes the largest cost increase DeRoyal has experienced in its 40-year history. We are working to mitigate this impact in a number of ways from both a revenue and cost perspective. Even in the face of this challenge we are doing everything within our power to preserve US jobs in this incredibly difficult economic environment."
Bill Pittman, President & COO