PPD Expansion to Bring 190 New Jobs to Henrico
PPD, Inc., a global contract research organization providing drug discovery, development and lifecycle management services, announced today that it plans to invest $28 million to expand its Lab Services Division in Henrico County during the next three years, creating an estimated 190 new jobs during that time. The operation provides research and development services and clinical trial services for drug development.
“This major expansion will continue to position PPD as a strong player in the life sciences industry, a target industry for Henrico County, the Greater Richmond region and the Commonwealth of Virginia," said Virginia Governor Bob McDonnell. "Not only will the company create 190 new jobs, the average salary for those jobs will be higher than the prevailing average wage for the region. I look forward to PPD’s continued success in Virginia.”
“PPD chose to expand at its Henrico County facility due to the quality of the current employees and the skilled workforce available in the region,” said Jim Cheng, Virginia secretary of Commerce and Trade. “With this significant investment and new job creation, PPD ensures that its future business prospects are bright and further growth is likely.”
PPD's clients and partners include pharmaceutical, biotechnology, medical device, academic and government organizations. With offices in 42 countries and more than 10,500 professionals worldwide, PPD applies innovative technologies, therapeutic expertise and a commitment to quality to help clients and partners accelerate the delivery of safe and effective therapeutics and maximize the returns on their R&D investments. The company's worldwide headquarters are in Wilmington, N.C.
The Virginia Economic Development Partnership worked with Henrico County to secure the project for Virginia. McDonnell approved a $150,000 grant from the Governor’s Opportunity Fund to assist Henrico County with the project. The Governor also approved $500,000 in a performance-based grant from the Virginia Investment Partnership (VIP) program, an incentive available to existing Virginia companies.
“PPD’s decision to establish their Dabney Road facility as a ‘Center of Excellence’ and add 190 professional jobs is wonderful news,” said Patricia S. O’Bannon, Chairman of Henrico Board of Supervisors. “In such a competitive economic environment, this announcement confirms that Henrico County offers a high-quality workforce and a pro-business climate in a community with the quality of life necessary to attract talent from anywhere in the world.”
On June 13, the Short Pump Rotary Club partnered with Schnabel Engineering for a day of volunteer work with Rebuilding Together Richmond. Team members (among them [from left] Chris Rufe, Melissa Abraham, Rick Naschold, and Micky Ogburn) completed a variety of repairs and home improvements ranging from painting and landscaping to cabinet installation and fence building.
“It was a privilege to be involved in this project," said club president Melissa Abraham. "The homeowner kept thanking the volunteers, but I think all of us would agree we are the ones who actually benefited. It was an opportunity to help a community member, fellowship with great people and improve our handyman skills." > Read more.
Dr. Even Alexander, a New York Times best-selling author who has been featured on Oprah and Dr. Oz, was in town last week to promote his June 27 talk, "Proof of Heaven," at Glen Allen High School.
Alexander (pictured, at right, while Unity of Bon Air church member Harry Simmons interviews him) has written about what he considers to be his journey through the afterlife.
Tickets to this month's event are $25 and will support the new Bon Secours Hospice House being built later this year. > Read more.
For our Top 10 calendar events this weekend, click here! > Read more.
- More News
Jul. 2, 2015Click here to read the print edition.
- More Entertainment
- More Obituaries
- More Community
- More Opinions
- More Sports
ClassifiedsHighspeed Internet EVERYWHERE By Satellite! Speeds up to 12mbps! (200x faster than dial-up.) Starting at $49.95/mo. CALL NOW & GO FAST! 1-888-685-2016
CalendarThe Shops at Willow Lawn’s community event Mommy & Me and Daddies Too continues with Rolie Polie Guacamole from 10 a.m. to 11:30 a.m. Enjoy a morning out with live… Full text