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Medtronic operational headquarters in Fridley, Minnesota, a suburb of Minneapolis. Medtronic was founded in 1949 in Minneapolis by Earl Bakken and his brother-in-law, Palmer Hermundslie, as a medical equipment repair shop. [8] Bakken invented several medical technology devices that continue to be used around the world today. [citation needed]
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Plainfield is a town in Guilford, Liberty, and Washington townships, Hendricks County, Indiana, United States. The population was 27,631 at the 2010 census , [ 4 ] and in 2022 the estimated population was 36,074.
All four had built their careers at Medtronic. The founding partners had multiple lawsuits by and against Medtronic, all settled out of court. CPI was a CRM company that revolutionized the pacemaker industry by introducing a long life lithium iodine pacemaker, a technology still utilized by a majority of the market. [3]
Plainfield is an unincorporated community in St. Joseph County, Indiana, United States. It is along U.S. Route 20 in the north-central part of Olive Township and is bordered to the south and west by the town of New Carlisle. Via US-20, Plainfield is 13 miles (21 km) west of South Bend and 23 miles (37 km) east of Michigan City.
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Post-World War II hospitals were just starting to employ electronic equipment, but did not have staff to maintain and repair them. Sensing an opportunity, with his brother-in-law, Palmer Hermundslie, he formed Medtronic (a portmanteau of "medical" and "electronic") in a small garage, primarily working with the University of Minnesota hospital.
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