GM dispatches first batch of ventilators for COVID-19 patients
Reuters
Published Apr 17, 2020 12:57PM ET
Updated Apr 17, 2020 01:18PM ET
(Reuters) - General Motors (NYSE:GM) said on Friday it had started delivering the first batch of 54 ventilators to U.S. hospitals treating severely ill COVID-19 patients.
GM said the Franciscan Health Olympia Fields hospital in Olympia Fields, Illinois, and Chicago's Weiss Memorial Hospitals will receive shipments of 10 ventilators each via package delivery company UPS Inc (NYSE:UPS) on Friday.
A third shipment comprising 34 ventilators will be delivered by UPS to the U.S. Federal Emergency Management Agency at the Gary/Chicago International Airport on Saturday to be distributed at other locations.
The deliveries are part of a contract awarded to GM by the U.S. Department of Health and Human Services for 30,000 ventilators by the end of August. The contract is worth $489.4 million.
GM is working with ventilator firm Ventec Life Systems to produce the equipment.
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Written By: Reuters
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