BUSINESSWSOC ABC CHARLOTTE
Biopharmaceutical company to bring 1,200 jobs; $1 billion investment to York County
A biopharmaceutical company will invest $1 billion in York County, creating 1,200 jobs through Project Palmetto Rock. The project includes 688 manufacturing jobs with an average wage of $102,752 and 564 corporate and lab jobs with an average wage of $141,502, aiming to boost the local economy. York County Council approved initial incentives for the project, with further hearings scheduled.
Mentioned
Related Signal
Adjacent reporting
- Novo-Backed Biotech Hemab Seeks to Raise $212 Million in US IPO
- STAT+: CREATE Medicines, a biotech company developing CAR-T therapies, raises $122 million
- Jeff Bezos plans to invest $100 billion to bring AI to factories. Here's what it means for jobs
- State approves $30M for Starbucks’ Nashville location