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.”
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Participants sought for ‘Walk to End Alzheimer’s’


The Richmond Walk to End Alzheimer’s will be held Saturday, Nov. 4, at Markel Plaza in Innsbrook, and the Alzheimer's Association of Greater Richmond is seeking participants.

The event, one of three walks the association will hold in its service area this year (the Middle Peninsula-Northern Neck walk was held Oct. 7 and the Fredericksburg walk Oct. 14) raises money to help the association fight the disease, which affects more than 26,000 people in the metro Richmond region. > Read more.

Fairfield meeting Oct. 25 to focus on cybersecurity


Henrico County Board of Supervisors Vice Chairman and Fairfield District Supervisor Frank J. Thornton will hold a constituent meeting Wednesday, Oct. 25 to discuss cybersecurity.

Thornton also has invited candidates who will be seeking election to local offices on Tuesday, Nov. 7 to introduce themselves. > Read more.

Music makers


Members of the Glen Allen High School Marching Band perform at Glen Allen High School Oct. 16 as part of the annual Henrico County Public Schools Band Showcase. > Read more.

McShin Academy expanding to St. Joseph’s Villa


Two Lakeside-area nonprofits are partnering to create what is believed to be the first recovery high school in Virginia.

The McShin Academy will be a joint effort of the McShin Foundation (a recovery community organization based at Hatcher Memorial Baptist Church in Lakeside) and St. Joseph's Villa (a 183-year-old nonprofit on Brook Road that provides a variety of services for children with special needs). > Read more.

Reynolds CC dedicates student center


Reynolds Community College recently celebrated the dedication of the Jerry and Mary Owen Student Center, named for longtime supporters of the college who have made numerous investments in it.

Jerry Owen served on the Reynolds College Board from 1984 to 1988, and he and his wife support the college’s scholarship fund and created an endowment for the Reynolds Middle College, which helps students earn a high school equivalency and transition into a degree or workforce credential program. > Read more.

Henrico Business Bulletin Board

October 2017
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CancerLINC volunteer attorney Thomas Jamerson will present Estate Planning 101 from 6 p.m. to 7:30 p.m. at Sandston Library. Estate planning even on a basic level requires careful consideration and forethought. Jamerson will discuss tips and tricks to estate planning. For details, call 501-1990 or visit http://www.henricolibrary.org. Full text

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