Hospital supplier Owens & Minor added shifts and expanded factory production time to meet global demand for personal protective equipment in the fight against the coronavirus pandemic.
As demand continues to grow exponentially, the Virginia-based company is ramping up production of face masks and other medical gear to keep up, CEO Ed Pesicka told CNBC’s Jim Cramer Friday.
“We are in the process of actually expanding capacity, but that’s going to take probably 5 to 6 months to make sure that you have the capability to expand that capacity,” he said in a “Mad Money” interview. “So that’s the time frame that we’re looking at for additional expansion, beyond what we’ve done already by running 24/7.”
Pesicka said Owen & Minor, which operates both domestic and foreign facilities, in January began running plants nonstop and in February expanded to four daily shifts as hospitals needed more face masks and surgical gowns to care for an high rate of patients diagnosed with the novel COVID-19,…