ResMed to move headquarters

Sunday, July 10, 2005

SAN DIEGO - ResMed plans to move its headquarters from Poway, Calif., to a 244-acre San Diego business park nearby. The company paid $21 million for its 10-acre lot.

"When we relocated to Poway almost five years ago, we projected that the facility would provide adequate space for seven to 10 years," said Keith Serzen, ResMed's COO of the Americas. "Our growth has far outpaced those projections."

Construction is expected to begin in the first half of 2006.