RALEIGH – Life science firm Patheon will expand its presence in Greenville with nearly 300 jobs paying an average wage of more than $66,000 under an expansion agreement signed with the state of North Carolina on Tuesday.
The company, which is owned by Thermo Fisher, will receive more than $5 million in state tax incentives if new job targets are met, according to the North Carolina Department of Commerce’s Economic Investment Committee.
Patheon will be required to maintain the 182 current jobs at its Pitt County operation. Another 500 jobs had been pledged to be created in an earlier agreement.
The Greenville facility manufactures sterile injectables, tablets and capsules. It also offers stability storage and testing, and active pharmaceutical ingredient and large-molecule development, according to the N.C. Biotechnology Center.
A total of 1,982 jobs are scheduled to be available once the expansions have been completed.
Other economic incentives include more than $500,000 in community college training, $100,000 from the North Carolina Biotech Center, and some $4 million from Pitt County and the City of Greenville.
The Pitt County site was selected over another Thermo Fisher location in Italy.