News
LabCorp Selects Greensboro for New Billing Operation
Feb 11, 2010 – (Greensboro, NC) Gov. Bev Perdue announced today that Laboratory Corp. of America Holdings Inc., a national provider of medical laboratory testing services, will open a new billing operations office in Greensboro. The company will create 373 jobs and invest $4 million during the next three years in Greensboro. The company will lease 72,000 sq ft in Meadowview Crossing.
LabCorp received economic development incentive grants of $248,791 from Guilford County and $373,000 from the City of Greensboro, which strengthened their decision to locate a new facility here. Additionally, the project was made possible, in part, by a $275,000 grant from the One NC Fund and training from the North Carolina Community College System, administered by Guilford Technical Community College (GTCC). As a leader in workforce development, GTCC has the capability to support technical training as well as customer service, leadership and interpersonal skill development training for these associates. As part of an overall economic development package to support LabCorp's decision to locate in Greensboro, the NC Community College System estimates the value of training support to be $298,400.
Burlington, NC based LabCorp provides testing services diagnostic support, medical lab specimens, cancer detection, drug testing, and other services to doctors, hospitals and other healthcare providers. The company plans to consolidate billing operations from other facilities nationwide into a new office in Greensboro, creating 373 new jobs in Greensboro and transferring approximately 52 positions from its Burlington, NC billing operation to the new office.
“We are honored that LabCorp chose Greensboro for this expansion,” commented Greensboro Economic Development Alliance President Dan Lynch. “LabCorp’s presence in Greensboro will be an excellent complement to our growing Life Science industry cluster and we welcome them to our city.”
David P. King, Chairman and Chief Executive Officer of LabCorp commented, “LabCorp has historically made major investments in the Piedmont Triad Region, including the construction of our new corporate headquarters in Burlington, job creation in Alamance County and now creation of jobs in our new national billing operation in Greensboro. We are proud to underscore LabCorp’s commitment to supporting economic growth in the Triad, Burlington and Alamance County.”
Greensboro Economic Development Alliance worked closely with company representatives throughout the site decision process. Special thanks go to the N.C. Department of Commerce, N.C. Community Colleges, Guilford County, City of Greensboro, Guilford Technical Community College and the Greensboro/High Point/Guilford County Workforce Development Board for their collaboration and assistance on this project.A member of the Greensboro Partnership, Greensboro Economic Development Alliance’s mission is to facilitate the creation of high quality jobs, attract new capital investment, retain and expand existing businesses, improve per capita income and generally improve the quality of life in Greensboro and Guilford County.
For more information about LabCorp, including job opportunities, go to www.labcorp.com