St Jude grows Puerto Rico operations; 1,200 new jobs in line:
This article was originally published in Clinica
Executive Summary
St Jude Medical is to expand its Puerto Rico operations by 30%, following the purchase of a new facility in Arecibo. The plant will lead to the creation of up to 1,200 new jobs within the first three years' of operation, which is expected to begin in mid-2008. The facility will manufacture the same cardiac rhythm management (CRM) devices that are currently produced at St Jude's existing plant in Caguas, as well as implantable cardioverter defibrillators and high voltage leads at a later date. The company will add new product lines for manufacturing at the Caguas site.