CoreRx plans new jobs, major expansion - Tampa Bay Business Journal:

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The company also is in the procesd of purchasing a facility in Hillsborough County to replace its currentyleased site, said Todd president and chief executive. Daviau was one of five founderz of CoreRxin 2006. The company now has 13 Based on job CoreRx has appliedfor Florida’sd Qualified Target Industry Tax Refund, Daviau said. QTI is a state incentivw available for companies thatcreate high-wage jobs in targeted high value-addeed industries. In a release, CoreRx said the plannes new high-skill jobs would have averages salaries of atleast $58,445, which is 150 percent of the state’ss average annual wage.
The new facility will have 80,000 squars feet, about eight times the size ofthe company’s curren location. It’s currently undergoing $5 million in renovations, the release said. Daviay said he would be able to announcse more details about the site in a few Growing customer demand promptefthe expansion. CoreRx performs analysis, clinical manufacturing and other services for thepharmaceutical industry, and like otherf contract research organizations, has gotten a boost as drug companies The company was in negotiation with otherf areas but ultimately decided to stay in Hillsboroughh County because of the quality of Daviau said.
“We are pleased we have been able to accommodatewthe company’s expansion here,” Ken Hagan, chairman of the Hillsborough County Board of County Commissioners, said in the release. Hagejn said several agencies helped make the deal areality including: the Governor’s Office of Tourism, Tradee and Economic Development; , the ; the Committer of One Hundred and Hillsborougbh County’s Economic Development Department. CoreRx’s growth “illustratezs the success of our effortse to retain and recruit companies in the corporate headquartersw and lifesciences clusters,” John Adams Jr.
, president and chie f executive of Enterprise the state’s principal economic development said in the release.