Navigation Links
Research Facility Expansion Will Create, Retain More than 150 Jobs in Chester County
Date:11/3/2010

HARRISBURG, Pa., Nov. 3, 2010 /PRNewswire-USNewswire/ -- A global contract research organization will expand its operations in Chester County and create more than 80 new jobs within three years, the Department of Community and Economic Development announced today.

PPD Inc. is planning to renovate its existing facility in Wayne, purchase new equipment and provide employee training. The $25 million project will create at least 86 jobs within three years and retain 80 existing positions.  

"This project – which will create or retain more than 150 high-paying jobs and leverage a significant private investment – is great news for Chester County and it is a textbook example of the kinds of economic development projects we support," DCED Secretary Austin Burke said. "Our economic development programs have helped bring exciting, job-creating projects like this one to fruition all across the state."

PPD provides drug discovery, development and lifecycle management services to pharmaceutical and biotechnology companies across the world and employs more than 10,500 professionals worldwide. The company offers a wide range of services from its Wayne facility, including a vaccines and biologics laboratory, and bioanalytical and global central labs services.

"With a large concentration of pharmaceutical and biotechnology companies based in the northeast United States, expanding our laboratory operations in Wayne builds on our ability to serve clients in this region more effectively," said Lee Babiss, executive vice president of global laboratory services for PPD. "We are pleased to continue our growth in Wayne and appreciate the strong support we have received from Governor Rendell and Pennsylvania."  

The project was coordinated by the Governor's Action Team, economic development professionals who work directly with businesses that are considering locating or expanding in the state.

The Chester County Economic Development Council worked with the company and the Governor's Action Team to secure a $608,000 funding offer that includes a $275,000 opportunity grant, $74,700 in job training assistance, and $258,000 in job creation tax credits. The state investment will leverage more than $23 million in outside investment.  

"CCEDC was excited to help PPD expand its corporate presence along Chester County's Route 202 high-tech corridor," said Tim Connor, senior vice president, CCEDC. "PPD's Center of Excellence program will bring professionals from all over the world to visit their site, thus creating a multiplying effect on the project's economic impact for that area."  

Since Governor Rendell took office in 2003, the Governor's Action Team has successfully completed 1,163 projects, resulting in commitments to create 128,105 new jobs and retain 300,573 existing positions. The commonwealth has offered more than $2.2 billion in assistance for these projects, which will leverage more than $16 billion in additional investment.

For more information on PPD visit www.ppdi.com.

For more information on the Governor's Action Team and other Department of Community and Economic Development programs, visit www.NewPA.com or call 1-866-466-3972.

Media contact: Luke Webber, 717-783-1132


'/>"/>
SOURCE Pennsylvania Department of Community & Economic Development
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Cardiogenesis Receives Research Award From Federal Government
2. Saudi Arabias King Abdullah International Research Center Signs With Varian Medical Systems and IMRIS for Future Technology for Use in Radiotherapy
3. Biodel Awarded $1.2 Million in Therapeutic Discovery Research Grants From IRS
4. Eli Lilly and Company to Open a Diabetes-Focused Research Center in China
5. Dr. Ludo Reynders Appointed Chief Executive Officer of Premier Research Group
6. Reproductive Medicine Associates of NJ Receive Top National Award for Ground-Breaking IVF Research
7. New Orthopedic Market Research Data Covering Multiple Geographies Released by Millennium Research Group
8. Country Music Star Teams up with JDRF to Inspire Kids With Diabetes and Raise Money for Research
9. Elsevier Celebrates Nine 2010 Nobel Laureates and Honors Achievements With Freely Available Prize-Winning Research
10. Novartis to Expand Global Research Headquarters in Cambridge, MA
11. Research Published in Science Translational Medicine Underscores Value of Depression Gene Therapy License Held by Neurologix
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... -- Automation is one of the best ... growing demands for productivity in speed, accuracy, throughput and ... already adept of a wide range of functions that ... Instrumentation continues to evolve, and is poised to tackle ... years ago. Originally used mostly by the big pharmaceutical ...
(Date:4/28/2016)...  While Abbott,s announced purchase of St. Jude ... and stent business, healthcare research firm Kalorama Information ... into patient monitoring.  Kalorama said that patient monitoring ... with double-digit growth expected the next 5 years, ... Patient Monitoring . Abbott Laboratories agreed to ...
(Date:4/28/2016)... April 28, 2016  Marking its one year ... and ovarian cancer risk test, Color Genomics ... genes that highly impact the most common hereditary ... the Color Test analyzes hereditary cancer risks for ... uterine cancers. The Color Test is physician ordered ...
Breaking Medicine Technology:
(Date:5/2/2016)... ... May 02, 2016 , ... In honor of National Physical Fitness and Sports ... who share their fitness journey on social media. , The foot care company, ... a $100 product voucher each week during May to one winner. , “Whether the ...
(Date:5/2/2016)... ... 02, 2016 , ... East Los Angeles dentist , Dr. Ramin Assili, ... Assili to receive any dental extraction treatment for $40 off the regular price. This ... With the lower price, patients can more easily afford extractions to eliminate teeth that ...
(Date:5/2/2016)... ... May 02, 2016 , ... Dr. Rassouli, dentist ... and cognitive decline. According to the research, which was published in the “Journal of ... cognitive decline, and about 5.4 million Americans have Alzheimer’s disease. The study found that ...
(Date:5/2/2016)... ... May 02, 2016 , ... Pregnancy Awareness Month offers a great time ... , “If you are ready to have a baby, it’s best to get ... Journal Babies is your Personal Conception & Pregnancy Organizer, written for women who plan ...
(Date:5/2/2016)... ... ... Kulbersh of Carolina Facial Plastics isn’t surprised that Charlotte, NC, the city where he and ... Cities with the Highest Plastic Rates .” The other cities that made the list ... a survey by RealSelf and combining that data with the number of board-certified ...
Breaking Medicine News(10 mins):