Medtronic, Inc. (Medtronic) is going to open a new $65 million distribution center at 4340 Swinnea Road, Memphis, Tennessee, on November 17, 2009, the Memphis Business Journal reported. Medtronic will use the new distribution center to ship spinal implants and instruments, pacemakers, stints, deliberators and other products. The opening of this new distribution center will employ more than 260 jobs.
The new distribution center is comprised of two buildings. Medtronic has purchased the buildings, located on 22 acres, from Weston Co. One building, which is 157,000 square feet, was new construction designed to accommodate an expansion of 300,000 to 400,000 square feet. The other building, which was 118,000 square feet, was renovated and a 34,000-square-foot mezzanine was added, bringing the total building to 152,000 square feet.
“It is important to grow this facility in Memphis because it is critical to our business model because of the strategic geographical location of Memphis and our partner ship with FedEx and the FedEx air hub,” company spokesperson Victor Rocha said. “There is a significant distribution talent pool to pull from in the city and the surrounding area.”
Medtronic will hold a grand opening ceremony on November 17, 2009 where newly elected Memphis mayor A C Wharton and Tennessee economic and community development commissioner Matt Kisber are scheduled to speak.