Corvida Medical Plans Expansion Of Eagan, Minnesota, Operations Center
05/05/2016
Closed-system drug transfer devices protect health care workers when they prepare and administer chemotherapy medications and other hazardous drugs. “Corvida is addressing a critical need in the health care industry by creating a product that will protect workers,” said DEED Commissioner Shawntera Hardy. “This is a promising company that will be a great addition to Minnesota’s growing medical device sector.”
"Corvida Medical is excited to receive the support of Minnesota and the city of Eagan,” said Dana Schramm, Corvida Medical COO, who oversees manufacturing for the company. “Our high-volume business requires that we look well into the future and put in place the resources necessary to support our long-term growth. Minnesota is well known for its strong medical manufacturing industry, and Corvida is pleased to make our commitment with this investment."
As an incentive, Minnesota Department of Employment and Economic Development is supporting the project with a $360,000 loan from the Minnesota Investment Fund. The Minnesota Investment Fund awards loans that businesses can use for improving their operations and hiring additional workers. Program funds are disbursed to local governments and then provided as loans to businesses.
“Corvida Medical’s decision to expand in our region is a testament to the strength of our medical manufacturing sector,” said Michael Langley, CEO of GREATER MSP (Minneapolis Saint Paul Regional Economic Development Partnership). “It’s also thanks to the great partnership formed by the company as well as the city of Eagan, the state of Minnesota and other officials, leading to these high-paying new jobs in our region.”
Project Announcements
Tacombi Establishes Brooklyn, New York, Food Manufacturing Plant
02/06/2023
Integra Technologies Plans Wichita, Kansas, Semiconductor Plant
02/03/2023
Water Solutions Unlimited Plans Leitchfield, Kentucky, Manufacturing Plant
02/03/2023
White Drive Motors & Steering Expands Hopkinsville, Kentucky, Operations
02/03/2023
Kroger Establishes Miami, Florida, Spoke Facility
02/02/2023
South Korea-Based Seoyon E-HWA Plans Chatham County, Georgia, Manufacturing Plant
02/02/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Three Big Challenges Facing the Food & Beverage Industry
Q4 2022
-
Fixing the Supply Chain with AI and Robotics
Q4 2022
-
18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns
Q1 2022