Johnson & Johnson, the global healthcare company, plans to open a new technology center in Providence, Rhode Island. The company plans to create 75 high-skilled jobs in Ocean State.
The company plans to lease nearly 9,000 square feet of temporary office space at One Ship Street in Providence's Innovation & Design District and expects to complete its move to Rhode Island by spring 2017.
The center will specialize in optimizing information technology and data analytics to create software applications that will serve to improve health outcomes.
Johnson & Johnson executive Steve Wrenn, the company’s Global Vice President, Chief Applications Officer, said the organization chose Rhode Island because of its network of institutions of higher education and the state’s commitment to the health and technology sectors.
"Rhode Island has a strong network of educators, employers and decision makers that are advancing the integration of different health-related technologies," said Wrenn.
"The I-195 corridor is uniquely suited to support Johnson + Johnson's new health technology center and Rhode Island gives us access to the economic development tools and university assets we need to stay competitive in the rapidly growing health tech space. As a company with locations and options worldwide, we are very pleased with the opportunity the Ocean State provides for this new center,” he added.
To support its endeavor, Johnson & Johnson plans to apply for state-sponsored tax incentives. To support its new center, the company intends to apply for incentives under the Qualified Jobs Incentive Act and the First Wave Closing Fund.
Governor Gina Raimondo says the company’s decision shows that Rhode Island is “making a name for ourselves as a hub for advanced industries.”
"Rhode Island is on the move and we are putting wins on the board. I am thrilled that Johnson + Johnson has chosen Rhode Island for its new health technology center," said Governor Raimondo. "We are making a name for ourselves as a hub for advanced industries because we can offer immediate access to skilled, talented people and world-class colleges and universities. I look forward to welcoming the Johnson + Johnson center in its new home at One Ship Street early next year, and I wish the Rhode Islanders who fill these jobs good luck."