As Expected, NC Officials Bow to LabCorp's Cash Request for Expansion

By Kirell Lakhman

County commissioners in Burlington, NC, on Monday voted to give LabCorp $552,000 in cash incentives over four years in exchange for a promise to expand a facility in west Burlington.

LabCorp, the county’s largest employer, asked for the money in exchange for spending $27.6 million to build an 110,000-square-foot expansion to an existing lab in the city, LabCorp's headquarters.

As a local news outlet reported today, "[t]he current facility is crowded and the company has been looking at locations to put an expansion for about 18 months."

The draft agreement with the county doesn’t require LabCorp to create any new jobs, but LabCorp has said it "would be available to take on incremental growth over time."

For instance, as I reported in February LabCorp has been considering expanding in Guilford County.

"Certainly there is no finer corporate citizen, no company any more important to Alamance County than LabCorp," one commissioner was quoted as saying in the article.

In early June I wrote about LabCorp's plan to expand in Burlington, and the following week the county signaled it is "ready to play ball" with the reference lab's request.


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