Mayor Jones Announces Major Expansion of Health Diagnostics Laboratory, Inc.
Mayor Dwight C. Jones today announced the expansion of Health Diagnostics Laboratory, Inc. (HDL) in the Virginia BioTechnology Research Park. This major expansion will occur in two Phases with the redevelopment of Biotech 5 and 3. Phase 1 will begin in early 2012 with a capital investment of $38.5 million in building redevelopment and machinery and equipment and the creation of an additional 353 net new jobs. Phase 2 will occur after the completion of Phase 1 and will include an additional capital investment of $30 million and the creation of 300 additional net new jobs. “This $68.5 million capital investment and 653 net new jobs will bring HDL’s employment to over 950 employees and makes HDL a major employer in the city of Richmond,” said Mayor Jones. “This is a great example of the importance of cultivating our existing business base, and we are proud that HDL has chosen the city of Richmond to expand and grow their business.” HDL, a CAP accredited leader in health management, offers...