Medtronic adds jobs in Puerto Rico while Smiths Medical plans cuts

October 3, 2011 by MassDevice staff

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.

Smiths Medical

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.

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Medtronic first put down manufacturing roots in Puerto Rico in the 1970s, according to the company's website.

"We are proud that a company the caliber of Medtronic trusts the Puerto Rican market," the commonwealth's governor Luis Fortuño said during a news conference at the plant, reported. "We continue to expand our offerings to other companies to take advantage of the benefits of investing in our island to ensure new employment opportunities. Puerto Rico is open for Business!"