190 more jobs for Henrico

It’s been a good couple of weeks for job announcements.

First Capital One, then Wachovia. Now drug research firm Pharmaceutical Product Development Inc. has announced that it is planning to invest $28 million over the next three years and in the process create 190 jobs in Henrico.

The firm is an independent provider of research and development services for drug companies. The company is headquartered in Wilmington, N.C., and has locations around the world.

As part of the expansion, they are getting a few incentives from the state.

From Forbes.com:

[Gov. Bob] McDonnell approved a $150,000 grant from the Governor’s Opportunity Fund for the project. The governor also approved $500,000 in a performance-based grant from the Virginia Investment Partnership program.

It’s been a good couple of weeks for job announcements.

First Capital One, then Wachovia. Now drug research firm Pharmaceutical Product Development Inc. has announced that it is planning to invest $28 million over the next three years and in the process create 190 jobs in Henrico.

The firm is an independent provider of research and development services for drug companies. The company is headquartered in Wilmington, N.C., and has locations around the world.

As part of the expansion, they are getting a few incentives from the state.

From Forbes.com:

[Gov. Bob] McDonnell approved a $150,000 grant from the Governor’s Opportunity Fund for the project. The governor also approved $500,000 in a performance-based grant from the Virginia Investment Partnership program.

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Al Davis
Al Davis
12 years ago

I read about all these new job offerings. Why do the new jobs get such a grand review. All I read about is a company is hiring 190 people or another company is hiring 300 people or another company is hiring 240 people. We as a state have lost many thousands of jobs which will take many, many, many small companies hiring 200 at a time. Why is our White House executives having such a hard time extending the Bush tax cuts. I’m afraid that “WE THE PEOPLE” and the “TEA PARTY” will have to do a whole lot more,… Read more »

Bill
Bill
12 years ago

Al….Don’t baseball fans cheer when their team hits a single or double, not just home runs? As long as we finally get the economic ball rolling again, we’ll gradually achieve our goal of overcoming this disaster of 9%+ unemployment. However, it’s unrealistic to expect an overnight success. So let’s cheer these hirings since they will eventually get us out of this rut.