Company/Division name | Medtronic, Inc. |
Parent company | Medtronic, Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 265 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 130 |
City reshored to: | Memphis |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Medical Equipment & Supplies |
Product(s) reshored | Medical device |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $22 million |