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12 Oaks Featured on NBC 17
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December 22nd 2010 - HOLLY SPRINGS, N.C. --
Novartis Vaccines and Diagnostics, Inc will add a development lab and pilot plant at the site of its pandemic and seasonal flu production facility in Holly Springs. With that announcement comes 100 new positions with the overall average salary set at $106,200 a year. The company will invest $36 million as part of the project, which was made possible in part by state grants from the Job Development Investment Grant program and One North Carolina Fund. "Once again, a top international company is bringing well-paying jobs to North Carolina," Governor Bev Perdue said. "Novartis has transformed the economic base for Holly Springs and now is expanding in that fast-growing area." The state awarded the company a $1 million grant from the One North Carolina Fund. The company also could receive up to another $2.7 million in cash grants. The company must meet performance targets to receive the money. The proposed facility would contain research and development scale equipment as well as medium scale equipment and facilities necessary for clinical manufacturing. "Novartis Vaccines and Diagnostics is excited to start construction of our new viral lab and pilot plant that will enable us to advance our viral vaccines pipeline and develop new technologies so we can get life-saving vaccines to patients quicker." Matthew Stober, global head of technical operations for Novartis, said. "We chose the Holly Springs location for this important project because of the great talent pool to recruit from, proximity to area universities and the relationship we have with our neighbors in the state, county and town of Holly Springs." The Switzerland-based pharmaceutical company employs more than 100,000 employees in more than 140 countries. Visit httpwww2nbc17combusiness2010dec225novartis-bring-100-new-jobs-wake-co-ar-638053 for a video featuring 12 Oaks Broker in Charge, Pam Kastl. |
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Further Resources: httpwww2nbc17combusiness2010dec225novartis-bring-100-new-jobs-wake-co-ar-638053 |
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