Make us your home page
Instagram

Palm Harbor to get 70 new high-wage jobs

PALM HARBOR — Here's a rare bit of good news. Seventy new high-wage jobs are coming to Palm Harbor.

Oscor Inc., a manufacturer of pacemaker components that was founded in Palm Harbor in 1983, recently had a choice to make: Should it expand its operations in Minnesota or here in Pinellas County?

The company weighed its options and has chosen to expand here, Pinellas officials announced Wednesday.

There was a sweetener for the deal. The county and state offered $210,000 in tax breaks to Oscor — tax refunds that will be paid after these jobs are gained. The County Commission approved the tax incentives in April.

"In the best interest of our company, we had to explore other options and there are some strong competitors out there," said Thomas Osypka, the company's president and CEO. But he added: "Pinellas has been a great fit for our business."

Oscor manufactures leads for pacemakers. A lead is the wire that runs inside the body from the pacemaker to the heart. The company also makes other products such as diagnostic catheters, and sells them in 35 countries.

It is headquartered in a building off Alt. U.S. 19 along the Pinellas Trail near Wall Springs Park.

The 70 new medical manufacturing jobs will be in a nearby 50,000-square-foot building, also off Alt. U.S. 19. Oscor owns the building and plans to turn it into an engineering facility.

It's unclear exactly how much the new jobs will pay.

According to the tax refund agreement, Oscor has four years to create the jobs. But it won't get the refund until the jobs exist.

"The company gave serious consideration to Minneapolis for this project," said Danielle Ruiz, business development manager for Pinellas County Economic Development. "That Pinellas County came out on top speaks to both the positive impact of Florida's incentive programs and the appeal of the area to high-tech industry."

How Oscor first came to Palm Harbor in 1983 is a familiar Florida tale. One of its co-founders, Brian Cornish, liked the relaxed setting and warm weather here. He had worked for Johnson & Johnson in its pacemaker division.

The other co-founder, Peter Osypka, was a German who produced pacemakers and pacemaker leads at a factory in that country. Through Oscor, they brought the German technology to the American market.

The going was slow at first because doctors were hesitant to try a new product so critical to a patient's health. But Oscor's business grew steadily over the years.

Pacemakers are a growing market because the average recipient is 70, which taps into the aging baby boomer generation.

Mike Brassfield can be reached at brassfield@sptimes.com or (727) 445-4160.

. Fast facts

Oscor Inc.

What: Manufacturer of medical devices

Location: 3816 De Soto Blvd., Palm Harbor

Phone: (727) 937-2511

On the Web: www.oscor.com

Palm Harbor to get 70 new high-wage jobs 06/30/10 [Last modified: Wednesday, June 30, 2010 8:18pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Legalized medical marijuana signed into law by Rick Scott

    State Roundup

    TALLAHASSEE — Gov. Rick Scott on Friday signed into law a broader medical marijuana system for the state, following through on a promise he made earlier this month.

    Gov. Rick Scott signed legislation on Friday that legalizes medical marijuana in Florida.
  2. Line of moms welcome Once Upon A Child to Carrollwood

    Business

    CARROLLWOOD — Strollers of all shapes and sizes are lined up in front of the store, and inside, there are racks of children's clothing in every color of the rainbow.

    At Once Upon A Child, you often as many baby strollers outside as you find baby furniture and accessories. It recently opened this location in Carrollwood. Photo by Danielle Hauser
  3. Pastries N Chaat brings North India cuisine to North Tampa

    Business

    TAMPA — Pastries N Chaat, a new restaurant offering Indian street food, opened this week near the University of South Florida.

    The menu at Pastries N Chaat includes a large variety of Biriyani, an entree owners say is beloved by millions. Photo courtesy of Pastries N Chaat.
  4. 'Garbage juice' seen as threat to drinking water in Florida Panhandle county

    Water

    To Waste Management, the nation's largest handler of garbage, the liquid that winds up at the bottom of a landfill is called "leachate," and it can safely be disposed of in a well that's 4,200 feet deep.

    Three samples that were displayed by Jackson County NAACP President Ronstance Pittman at a public meeting on Waste Management's deep well injection proposal. The sample on the left is full of leachate from the Jackson County landfill, the stuff that would be injected into the well. The sample on the right shows leachate after it's been treated at a wastewater treatment plant. The one in the middle is tap water.
  5. Honda denies covering up dangers of Takata air bags

    Autos

    With just a third of the defective Takata air bag inflators replaced nationwide, the corporate blame game of who will take responsibility — and pay — for the issue has shifted into another gear.

    Honda is denying covering up dangers of Takata air bags. | [Scott McIntyre, New York Times]