Rancho Cordova medical equipment maker Volcano Corp. said Monday that it has finalized moving its corporate headquarters to San Diego.
But Volcano is keeping its manufacturing facility and more than 500 jobs on Kilgore Road in Rancho Cordova. That facility also is home to the company's research and development operations and its local human resources offices.
The new corporate headquarters in the Carmel Valley area of San Diego houses executive offices and divisions that include marketing, finance, accounting, legal and corporate human resources. In all, about 40 people work there.
Volcano makes devices that give cardiologists an inside view of coronary arteries, helping to diagnose and determine treatments for heart conditions. More than 1,000 hospitals worldwide use its products.
Scott Huennekens, Volcano's president and chief executive officer, said moving the corporate office will enable it to work closely with leading interventional cardiology research institutions in Southern California, including Cedars-Sinai Heart Institute.
Founded in 2000, Volcano went public in 2006. The company said revenue has grown at an annual rate of 29 percent in the four-year period ended Dec. 31, 2007.
In the first six months of 2008, the company reported revenue of $78.1 million, a 32 percent increase over the first six months of 2007.
Volcano has more than 800 employees in the United States and overseas.
Call The Bee's Mark Glover, (916) 321-1184.
What You Should Know About Comments on Sacbee.com
Sacbee.com is happy to provide a forum for reader interaction, discussion, feedback and reaction to our stories. However, we reserve the right to delete inappropriate comments or ban users who can't play nice. (See our full terms of service here.)
Here are some rules of the road:
• Keep your comments civil. Don't insult one another or the subjects of our articles. If you think a comment violates our guidelines click the "report abuse" button to notify the moderators. Responding to the comment will only encourage bad behavior.
• Don't use profanities, vulgarities or hate speech. This is a general interest news site. Sometimes, there are children present. Don't say anything in a way you wouldn't want your own child to hear.
• Do not attack other users; focus your comments on issues, not individuals.
• Stay on topic. Only post comments relevant to the article at hand. If you want to discuss an issue with a specific user, click on his profile name and send him a direct message.
• Do not copy and paste outside material into the comment box.
• Don't repeat the same comment over and over. We heard you the first time.
• Do not use the commenting system for advertising. That's spam and it isn't allowed.
• Don't use all capital letters. That's akin to yelling and not appreciated by the audience.
You should also know that The Sacramento Bee does not screen comments before they are posted. You are more likely to see inappropriate comments before our staff does, so we ask that you click the "report abuse" button to submit those comments for moderator review. You also may notify us via email at feedback@sacbee.com. Note the headline on which the comment is made and tell us the profile name of the user who made the comment. Remember, comment moderation is subjective. You may find some material objectionable that we won't and vice versa.
If you submit a comment, the user name of your account will appear along with it. Users cannot remove their own comments once they have submitted them, but you may ask our staff to retract one of your comments by sending an email to feedback@sacbee.com. Again, make sure you note the headline on which the comment is made and tell us your profile name.
About Comments
Reader comments on Sacbee.com are the opinions of the writer, not The Sacramento Bee. If you see an objectionable comment, click the "report abuse" button below it. We will delete comments containing inappropriate links, obscenities, hate speech, and personal attacks. Flagrant or repeat violators will be banned. See more about comments here.