Last Friday Medtronic held a dedication ceremony at the new Mounds View/Blaine Cardiac Rhythm Disease Management campus.

The event was designed to give stakeholders a look at the campus and hear what the project represents to the company and area economic development.

Here are a few economic impact statistics delivered at the event:

- The project will deliver $1.9 billion in direct and indirect economic activity in Minnesota over the next seven years.*
- The project represents $136 million in new income to workers in Minnesota.*
- New economic activity in Minnesota relating to the project is estimated at $444 million.*
- Beginning in 2008, Minnesota's school fund will see $700,000 a year in new revenue for the next 25 years.*

* source: Medtronic

Click here to see a Medtronic event handout with more campus details and statistics.