Huvepharma Expands Poultry Vaccine Plant in Maxton, North Carolina
The company’s facility in Scotland County manufactures a vaccine that protects broiler chicks from a harmful disease, helping the poultry industry avoid significant economic losses.
“North Carolina’s focus on building a well-trained biotech workforce continues to pay dividends in new jobs and new investments like Huvepharma’s announcement today in Scotland County,” said Governor Roy Cooper.
A performance-based grant of $30,000 from the One North Carolina Fund will help facilitate Huvepharma’s expansion in Scotland County. The OneNC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require a matching grant from local governments and any award is contingent upon that condition being met.
“North Carolina’s leadership in the biotechnology industry is recognized across the world,” said Commerce Secretary Anthony M. Copeland. “Once again, a global leader has selected our state for an expansion of their business, and I welcome Huvepharma’s investment and continued confidence in our state.”
Huvepharma, with headquarters in Sofia, Bulgaria, is a privately owned company that focuses on bringing human health and animal health and nutrition products to market. The company has grown both organically and through strategic acquisitions, now ranking in the top ten of veterinary pharmaceutical companies operating around the world today.
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Biotechnology Center, Richmond Community College, Scotland County, and the Scotland County Economic Development Corporation.
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