KC Business Journal: Medtronic looks to KC for diabetes-division expansion
A $13.5 billion medical device company is considering Kansas City-area sites — including the Applebee’s Services Inc. headquarters in Lenexa — for the expansion of its diabetes division.
Competition for the expansion project, expected to deliver about 1,500 new jobs in the next five years, is down to the Kansas City area versus San Antonio, said Steve Sabicer, a spokesman for Fridley-based Medtronic Inc.’s diabetes division.
In narrowing down potential sites, he said, Medtronic has looked at labor cost and availability, business environment, facility costs and quality-of-life issues. Medtronic considered Minnesota as a location as part of its nationwide search. However, Sabicer declined to identify factors that knocked the Twin Cities off the list of potential locations.
“We looked at cities in all 50 states,” Sabicer said. “But it’s come down to Kansas City and San Antonio.”
The winner is expected to be announced by mid-April, he said.
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Tags: economy, Medtronic Inc.