Company officials said the move could bring 150 new jobs to the Hazelwood facility, KTVI reports. Mallinckrodt was spun off by Covidien and traded as a independent public company on the New York Stock Exchange for the first time Monday under the “MNK” symbol.
Mallinckrodt, which is led by Mark Trudeau, reported sales of $2 billion in 2012 and expects up to 11 percent sales growth in its first year as a stand alone company.