A Medical Device Daily Staff Report
Solstas Lab Partners reported it has chosen High Point, North Carolina, where it has one of two headquarters offices, for an $11.6 million expansion that will add 500 jobs over five years, according to a report in the Winston-Salem Journal.
The company already has 721 full-time and 140 part-time employees in High Point.
The company is eligible for up to $1 million in local performance-based incentives and $450,000 from the One North Carolina Fund. The state grant is based on creating 300 jobs and spending $7.5 million over three years.
David Weavil, Solstas' CEO, said the company had favored expanding in High Point over company sites in Roanoke, Virginia – where its other headquarters office is based – and Knoxville, Tennessee. "We said we would be fair and do a proper due diligence for all three sites," Weavil said. "Another state was willing to do much more for us with incentives.
Among the job categories are medical technicians, pathologists, lab technicians, information technology and administrative. Some of those jobs are expected to come from the workforce of companies Solstas projects to buy over the next five years.
Solstas Lab Partner is a medical and diagnostic laboratory.