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Home / Business / NC officials, biotech company AveXis, announce expansion

NC officials, biotech company AveXis, announce expansion



RESEARCH TRIANGLE PARK – State and local authorities announced on Monday a plan by a biotech company calling for new jobs and expansion of the company's presence at Research Triangle Park.

North Carolina Commerce Secretary Anthony Copeland partnered with local dignitaries and other officials from the North Carolina Biotechnology Center to announce the expansion plan by gene manufacturing company AveXis.

"We are very happy to be a partner in this project," said Wendy Jacobs, chairwoman of the Durham Board of County Commissioners. "AveXis is a growing RTP company."

The company is fighting for government incentives in excess of $ 1 million.

The company has announced plans to invest $ 60 million over the next two years to expand its RTP presence and bring more jobs to the Triangle and RTP.

Jacobs said the company's expansion will create 200 new jobs, and some of them would start earning nearly $ 73,000 a year.

Development could mark a turning point for the triangle The latest episode of the loss of large projects, including efforts to win Apple and the Amazon for the region.

The announcement of the new jobs could pay off part of the damage inflicted on North Carolina as a leading contender for technology-related job projects.

Google's $ 13 billion expansion plan skips North Carolina

According to Wake County Economic Development, Wake County continues to expand and create new jobs.

Since October, Wake says the county has received 44 new projects and expansion projects. [19659002] It is expected to create nearly 4,000 jobs and generate $ 227 million in investment.

The potential project list is not too short.

According to the latest report, Wake County has reviewed 32 projects since October. [19659002] This is more than 3,600 jobs and a total investment potential of $ 1.2 billion.

In addition, the county has held nine "customer visits".

The county is eligible for 42 projects worth more than $ 3.3 billion.

If Wake reaches them all, the projects would mean more than 6,700 jobs.

North Carolina reiterates that Apple remains a recruitment project

One of these projects could be a new campus for Apple. An Apple-affiliated company has acquired land in RTP.

The Triangle has been a leading contender for Apple's $ 900 million campus and several thousand related jobs since January last year.

Apple's Recent List North Carolina was not included in the expansion projects.

This omission followed Amazon's decision to take the HQ2 project elsewhere as a triangle.

Last week, Google unveiled a series of new major projects, none of which was listed in North Carolina Carolina.

And last summer the US Army bypassed the triangle for a new headquarters.

Will the series of main announcements end today?

Charlotte has also received several projects and a thousand jobs in recent months.

The economic development project seems to be strong overall – even if the big names continue to say "no" to North Carolina.


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