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CareFusion Out as Sponsor of Newport and Other Jazz Events

George Wein now seeking title sponsor for his Newport Jazz Festival

George Wein at CareFusion Newport Jazz Festival
Marcus Rojas performing with Dave Douglas' Brass Ecstasy group at CareFusion Newport Jazz Festival 2010

George Wein’s New Festival Productions announced that CareFusion would no longer sponsor Wein’s Newport Jazz Festival, as well as other jazz events, including Wein’s NYC festival and the Chicago Jazz Festial. Suzanne Hatcher, a spokesperson for CareFusion, told JT in a phone message that the hospital device maker had only committed for one year with Newport in 2009, but extended its sponsorship to 2010. “At this point in time, we’re just moving into a little different direction now that we’ve launched our brand, which was the initial intent of the sponsoring the programs, in addition to raising awareness of patient safety, which is what CareFusion is all about.”

In addition, the company has experienced some economic setbacks of its own, according to a recent article by Keith Darce for the San Diego Union-Tribune. Darce reported that the revenue of the now public CareFusion dropped in 2009 and in the first quarter of 2010, its profits were down by 53%. In August, the company downsized and laid off 700 workers or 5% of its workforce. Hatcher says that those statistics reflect CareFusion’s launch as a separate entity from Cardinal Health, as well as the current state of the medical products industry.

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