Medtronic wins $1.6 million aid package to create jobs in Florida
August 17, 2011 by MassDevice staff
The Jacksonville City Council approved a $1.6 million aid agreement to lure Medtronic into expanding its surgical facility, which may add 175 jobs in the area.
Medtronic Inc. (NYSE:MDT) landed a $1.6 million aid package from the Jacksonville City Council, which is hoping the company will expand its Medtronic Xomed surgical technology facility.
"This is exactly the kind of thing we need to be doing in Jacksonville," Councilman Bill Bishop told members of the Rules Committee during the voting meeting, calling Medtronic a "tremendous corporate citizen."
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