Medtronic, Inc. (MDT) to Add 200 New Jobs in Puerto Rico; Smiths Medical, Inc. Announces Job Cuts and and Plant Closures
10/4/2011 7:40:50 AM
Medtronic plans to add about 200 workers to its Juncos, Puerto Rico, campus while Smiths Medical announces job cuts and plant closures for its detection devices arm. Med-tech goliath Medtronic Inc. (NYSE:MDT) announced plans to add to its workforce while Smiths Medical ponders plant closures and jobs cuts for its global detection devices branch. Minneapolis, Minn.-based Medtronic announced that it will pump $50 million into expanding its Puerto Rican operations over the next three years, which will include about 200 new workers there.