December 08, 2025
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Boston Scientific buys Maple Grove facility for $188M

Boston Scientific has purchased a newly built facility in Maple Grove for $188 million, further expanding its presence in the northwest Twin Cities metro. The deal underscores continued investment by the medtech giant in its local operations; additional details about the building and any staffing plans were not immediately available.

Business & Economy Real Estate

📌 Key Facts

  • Buyer: Boston Scientific
  • Purchase price: $188 million
  • Location: Maple Grove, Hennepin County (Twin Cities metro)
  • Reported: December 8, 2025

📊 Relevant Data

Boston Scientific received $2.6 million in state assistance, including $1.66 million from the Job Creation Fund and $1 million from the Minnesota Investment Fund, for its Maple Grove expansion to create 75 full-time jobs.

DEED Announces $4.2 Million for Business Expansion — MN.gov

In 2023, Boston Scientific received $6 million in financial support from Minnesota and $4.5 million in tax increment financing from the city of Maple Grove for a $170 million expansion project.

Boston Scientific wins public funding for $170M 'Project Black Bear' — Medical Design & Outsourcing

In the U.S. STEM workforce in 2021, Black workers comprised 9% and Hispanic workers 15%, compared to 12% and 19% of the total workforce, respectively.

Diversity and STEM: Women, Minorities, Persons with Disabilities — Lumina Foundation

White 12th-grade students scored 31 points higher on average in mathematics than their Black peers on the 2022 NAEP assessment.

NAEP Mathematics: National Student Group Scores and Score Gaps — The Nation's Report Card

Maple Grove's racial composition has changed from 94.7% White in 2000 to 80.09% White in recent data, with Black residents increasing to 6.98% and Asian to 6.96%.

Maple Grove, Minnesota Population 2025 — World Population Review

📰 Sources (1)

Boston Scientifc pays $188 million for newly built Maple Grove facility
Minneapolis / St. Paul Business Journal December 08, 2025