LabCorp offered more than $900,000 in incentives to base jobs in Greensboro
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The Associated Press
GREENSBORO, N.C. – LabCorp (NYSE: LH), one of the country's largest medical sample testing companies, could get nearly $900,000 in taxpayer incentives if it consolidates billing operations in North Carolina.
Multiple media outlets reported Friday that Guilford County commissioners approved a plan worth nearly $250,000 in hopes of coaxing Laboratory Corp. of America to bring 370 jobs to Greensboro. Salaries would average about $27,000 a year.
The state has offered $275,000 and the city added $370,000 to the package.
The Burlington company is considering a consolidated billing site in Greensboro or Danville, Va.
LabCorp employs about 28,000 workers worldwide. LabCorp last month posted third-quarter profits of $131 million, but trimmed its profit forecast for the full year.
Copyright 2012 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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