Medtronic unit in Canada gets government boost
- Article by: JANET MOORE
- Star Tribune
- April 25, 2012 - 8:32 AM
The Montreal Gazette is reporting that Medtronic Inc. will receive $15 million from the Quebec government to help with a $50 million expansion of its research, training and manufacturing operations in Montreal.
The project will create more than 200 new jobs at two facilities in Montreal, Neil Fraser, president of Medtronic of Canada, told the newspaper. The grant is being made through Investissement Quebec.
Cryocath's Arctic Front CryoAblation System was developed in Montreal by a company purchased by Medtronic. It treats the heart condition atrial fibrillation, which affects more than seven million people worldwide and can increase the chance of a stroke or heart failure if left untreated.
Janet Moore • 612-673-7752
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