HARRISBURG, Pa., Nov. 3, 2010 /PRNewswire-USNewswire/ -- A global contract research organization will expand its operations in Chester County and create more than 80 new jobs within three years, the Department of Community and Economic Development announced today.
PPD Inc. is planning to renovate its existing facility in Wayne, purchase new equipment and provide employee training. The $25 million project will create at least 86 jobs within three years and retain 80 existing positions.
"This project – which will create or retain more than 150 high-paying jobs and leverage a significant private investment – is great news for Chester County and it is a textbook example of the kinds of economic development projects we support," DCED Secretary Austin Burke said. "Our economic development programs have helped bring exciting, job-creating projects like this one to fruition all across the state."
PPD provides drug discovery, development and lifecycle management services to pharmaceutical and biotechnology companies across the world and employs more than 10,500 professionals worldwide. The company offers a wide range of services from its Wayne facility, including a vaccines and biologics laboratory, and bioanalytical and global central labs services.
"With a large concentration of pharmaceutical and biotechnology companies based in the northeast United States, expanding our laboratory operations in Wayne builds on our ability to serve clients in this region more effectively," said Lee Babiss, executive vice president of global laboratory services for PPD. "We are pleased to continue our growth in Wayne and appreciate the strong support we have received from Governor Rendell and Pennsylvania."
The project was coordinated by the Governor's Action Team, economic development professionals who work directly with businesses that are considering locating or expanding in the state.
The Chester County Econom