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Medtronic operational headquarters in Fridley, Minnesota, a suburb of Minneapolis. Medtronic was founded in 1949 in Minneapolis by Earl Bakken and his brother-in-law, Palmer Hermundslie, as a medical equipment repair shop. [8] Bakken invented several medical technology devices that continue to be used around the world today. [citation needed]
Post-World War II hospitals were just starting to employ electronic equipment, but did not have staff to maintain and repair them. Sensing an opportunity, with his brother-in-law, Palmer Hermundslie, he formed Medtronic (a portmanteau of "medical" and "electronic") in a small garage, primarily working with the University of Minnesota hospital.
The Minnesota Department of Employment and Economic Development (DEED) is the State of Minnesota’s principal economic development agency. Its mission includes supporting the economic success of individuals, businesses, and communities by improving opportunities for growth.
Medtronic Operational [31] Headquarters is a major employer in Fridley. In 2001, Medtronic opened its new World Headquarters on the site of the 100 Twin Drive-in at Interstate 694 and Minnesota Highway 65. [32] [33] As of 2019, it is still the Operational Headquarters for Medtronic, PLC, which reorganized as an Irish company in 2015.
By May 2011, they had moved the operations out of the Eden Prairie HQ of ADC to other facilities. TE Connectivity continues to use ADC's Shakopee, MN facility. Department 56, Inc. was headquartered in Eden Prairie, MN. The maker of collectibles and giftware, notably Christmas Village buildings and Snowbabies, filed for bankruptcy in 2009 after ...
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