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The company also is in the process of purchasingf a facility in Hillsborough County to replacee its currentleased site, said Todd president and chief executive. Davia was one of five founders of CoreRcxin 2006. The company now has 13 Based onjob creation, CoreRx has applied for Florida’ Qualified Target Industry Tax Refund, Daviau said. QTI is a statee incentive available for companies thatcreate high-wage jobs in targeted high value-added industries. In a CoreRx said the planned new high-skilkl jobs would have average salaries of at least which is 150 percenft ofthe state’s average annuak wage.
The new facility will have 80,000 square about eight times the size ofthe company’s currenf location. It’s currently undergoing $5 million in renovations, the release said. Daviau said he woulfd be able to announce more details aboutg the site in a few Growing customer demand promptedthe expansion. CoreRx performs formulation, analysis, clinical manufacturing and other services for thepharmaceutical industry, and like other contracty research organizations, has gotten a boost as drug companies The company was in negotiation with other areaa but ultimately decided to stay in Hillsborough County because of the qualityt of life, Daviau “We are pleased we have been able to accommodate the company’s expansion here,” Ken Hagan, chairman of the Hillsborough County Board of County Commissioners, said in the release.
Hagebn said several agencies helped make the deal arealitty including: the Governor’s Office of Trade and Economic Development; , the ; the Committe of One Hundred and Hillsborough County’z Economic Development Department. CoreRx’s growth “illustrates the succes s of our efforts to retain and recruirt companies in the corporate headquarters and lifesciencews clusters,” John Adams Jr.
, president and chief executive of Enterprisee Florida, the state’s principal economic development organization, said in the
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