Cordis is doubling down on Miami Lakes, rolling out roughly $60 million to overhaul and expand its corporate headquarters and operations. The cardiovascular device maker says the revamp, announced this month, is meant to strengthen research, engineering and manufacturing at its long-standing South Florida campus and could support about 300 new full-time jobs over the next few years.
What Cordis Is Planning
According to Cordis, the company will steer approximately $60 million into upgrades at its Miami Lakes campus and has lined up support through the State of Florida’s High Impact Performance Incentive Program to help pay for the work. The company says the package is intended to expand its operational, engineering and manufacturing capabilities and to “support the creation of up to 300 new full-time jobs over the next few years.”
Cordis Leadership’s Take
“We’re proud to deepen our commitment to Miami Lakes,” Cordis Chief Operating Officer Champ Davis said in the company release, casting the investment as a long-term bet on the region’s med-tech ecosystem. The announcement notes the expansion builds on nearly seven decades of Cordis operations in South Florida. Cordis
Local Context And Reaction
Local economic-development groups point to Cordis as a homegrown anchor that helps stabilize a growing med-tech cluster in Greater Miami. The Miami-Dade Beacon Council’s annual report highlights long-established firms like Cordis and frames investments of this size as part of a broader push to grow advanced manufacturing and healthcare jobs in the county. Miami-Dade Beacon Council
As reported by South Florida Business Journal, the package has been described as one of the larger private capital commitments to the area this year and significant enough that it could nearly double Cordis’ South Florida headcount. That coverage echoed the company’s announcement while adding detail on hiring plans and the firm’s local footprint.
Town and chamber leaders have welcomed the news. At a February luncheon, the Miami Lakes Chamber of Commerce reported that Cordis officials said the company is hiring 300 people, and Chamber attendees called the expansion a meaningful boost for the town’s economy. “We’re really excited about the impact in the town of Miami Lakes,” Samine Jernigan, operations-manufacturing vice president at Cordis, told the MiamiLaker. MiamiLaker…