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Hill-Rom Announces Singapore Will Be Site for Asia-Pacific Innovation Center
Date:11/19/2007

ctivities. The new center will add to the growing cluster of product development activities in Singapore and further solidifies our position as one of the leading locations in the region for medical technology product innovation."

The creation of the Singapore Asia-Pacific Innovation Center calls for as many as 17 new positions to be created in the first year with additional positions to be added over the course of five years. Ultimately, the company expects to have as many as 50 to 60 people based at this site in Singapore.

Hill-Rom previously announced a significant increase in corporate spending on R&D aimed at ensuring that its products uniquely meet the current and unanticipated needs of caregivers and the patients they serve. This acceleration of R&D led to the formation of the Batesville-based Global Innovation Center, announced in April 2007, along with the creation of approximately 80 new Indiana-based jobs. In addition, Hill-Rom has R&D work ongoing at sites located in Montpellier, France and in Pluvigner, France. The Singapore Center is complementary to these world-wide efforts and will also serve as a natural extension for Hill-Rom's current investments in its Suzhou, China location.

Soderberg emphasized that Hill-Rom is committed to its home base in Indiana but also recognizes the need to leverage opportunities in lower cost regions as well as to tap into the talents and strengths of a global workforce. Singapore, with its regional reputation for advancing technology development and innovation, its similarities to North America in terms of its health care environment and its proximity to the broader Asia-Pacific region made it a natural choice.

The Singapore Economic Development Board (EDB) has worked closely with Hill-Rom to encourage its selection of Singapore for the Asia-Pacific Innovation Center and has been instrumental in leading to its decision to proceed with this initiative.

Currently, Hill-Rom is working to final
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SOURCE Hillenbrand Industries, Inc.
Copyright©2007 PR Newswire.
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