Medtronic Corp. reportedly will move two manufacturing lines from its plant in Louisville.
The Longmont Times-Call newspaper reports that the Dublin, Ireland-based company (NYSE: MDT) -- the world's largest medical-device maker -- acquired the plant from Covidien Ltd., which Medtronic bought in January 2015.
The two manufacturing lines will be moved "to other facilities," a Medtronic spokesman told the Times-Call. The paper said it's not known what impact the move will have on Medtronic's overall employment in the area; Medtronic has not filed a notification of a major layoff with state officials as would be required under the federal Worker Readjustment and Retraining Notification (WARN) Act.
Read more at the Denver Business Journal: http://bit.ly/1RxkHKY
