Palmer Hermundslie
Encyclopedia
Palmer J. Hermundslie with his brother-in-law Earl Bakken
Earl Bakken
Earl E. Bakken is an American engineer, businessman and philanthropist of Dutch and Norwegian American ancestry...

, founded the company Medtronic
Medtronic
Medtronic, Inc. , based in suburban Minneapolis, Minnesota, is the world's largest medical technology company and is a Fortune 500 company.- History :...

 in 1949 in Minneapolis, Minnesota
Minneapolis, Minnesota
Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the U.S. state of Minnesota, and the 48th largest in the United States...

. Prior to Medtronic, Mr. Hermundslie worked in the lumber business.
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