Feds will pay GM $489 million to make 30,000 ventilators by August

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The Trump administration will pay General Motors $489 million to manufacture 30,000 ventilators, the Department of Health and Human Services announced on Wednesday.
GM, of course, is a car company, not a supplier of medical equipment. Rather than designing a ventilator from scratch, GM will be using a design borrowed from Ventec Life Systems. GM and Ventec announced a partnership to work on ventilators more than two weeks ago.
“GM is proud to deploy its purchasing and manufacturing capability alongside the respiratory care expertise of Ventec,” GM said in a press statement.Read 3 remaining paragraphs | Comments
Source: Car news one

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