Watches & Warnings Warnings
7 Day Forecast 7 Day Forecast
Temperatures 7 Day Forecast

San Diego medical company considers Texas for relocation

Monday, December 10, 2012 - 8:55pm

The last ten years Texas has been ranked at the top nationally in terms of business.

Many companies choose to relocate because of what Texas has to offer.

A San Diego medical company ResMed is considering relocating their more than $5-billion dollar company to Texas, which employees more than three thousand employees worldwide.

David Pendarvis, Chief Administrative Officer for ResMed released a statement to KETK,

"ResMed is a growing company that develops and sells products to treat sleep apnea, among other sleep and breathing disorders. While Texas has an attractive, business-friendly economic climate, there are many considerations when choosing a place to accommodate the growth of our business. We are currently studying the pros and cons of a variety of options including states other than Texas."

Tom Mullins, President, of Tyler Economic Development Council tells KETK,

"Companies are going to go where they can make the most money and where they feel welcome and there are a lot of companies in California particularly over the last 10 to 15 years that have been disappointed with the cost of doing business."

Mullins says, many companies worldwide are dealing with challenges, regulations, taxes, finding highly qualifies skilled workers.

Mullins adds, in order to keep their company successful they have to relocate.

News

Comments News Comments

Post new Comment