Medtronic, some 1,300 jobs coming to Alamo City - Memphis Business Journal:

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Minneapolis-based (NYSE: MDT) is expectedd to confirm on Monda y that it has selected the Alamo City as the site fornew back-officre operations — which will include sale and marketing functions to support the company’zs expanded diabetes division. San Antoniop public officials sayTexas Gov. Rick Perry will be in San Antoniko on Monday afternoon to make an economicdevelopmenyt announcement. One public official says that announcement isaboutt Medtronic, which has selected a site for its new San Antonil operations at The Rim, a mixed-usde development near Loop 1604 and Interstate 10.
Bexar County Judgse Nelson Wolff says Medtronic plans to bring in excessof 1,300 jobs to San “I’ve been working on this for well over a Wolff says. “Everyone pitched in to work on Medtronic officials declinedto comment. Sources familiar with the deal say the incentivre package offered Medtronicincludes $6 millionn in state money from the Texas Enterprise The company was founded in 1949 as a medical equipment repaitr shop. According to the Medtronic Web the medical technology company now operates from more than 250manufacturinfg facilities, sales offices, research education centers, and administration facilities serving customers and patients in 120 countries.
San Antonio had to compet with multiple cities toland Medtronic, including at least one othef Texas city. “We had to beat Austijn and then we had to beatKansasd City,” Wolff explains. “Ans we’ve built up a good relatiohn withthe company.” Public officials involved in the efforta to woo Medtronic say the company will pay good wagesz to the people it employees in San Antonio. Medtronic will move into the three-story Overlook at The Rim office building, whichj spans nearly 145,000 square feet and cost some $20 millionh to develop. The Class A officer building onthe city’s far Northwest Side was developesd and is owned by Houston-based .
“Thizs is extremely important forSan Antonio, Wolff “It’s a perfect fit for the city.”