BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Medtronic, Inc. (MDT) Planning $14 Million Surgical Technologies Expansion


4/6/2012 8:40:13 AM

Jacksonville Business Journal by Sarah Mueller, Reporter

Medtronic Inc. will break ground on a $14 million expansion project in Jacksonville next week.

The medical technologies company will build a new 75,000 square-foot building to expand its surgical technologies division headquarters in Jacksonville and expects to create 175 new full-time jobs by the end of 2015.

The ground breaking event is scheduled from 3 p.m. to 4 p.m. April 9 at the Medtronic headquarters at 6743 N. Southpoint Drive. Speakers include Jacksonville Mayor Alvin Brown, Robert Hill, JAXUSA Partnership chair and president & CEO of Acosta Inc., Mark Fletcher, Medtronic senior vice president of surgical technologies and Don Redman, Jacksonville city councilman.

Medtronic has nearly 700 employees in Jacksonville. The surgical technologies business designs and manufactures products for the diagnosis and treatment of ear, nose, and throat diseases and cranial, spinal, and neurologic conditions.

Incentives from the city and state were approved in August 2011. Medtronic (NYSE: MDT), based in Minneapolis, reported overall revenue of $15.9 billion in fiscal year 2011 with surgical technologies making up about 8 percent of that revenue.




   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES