Thursday, March 3, 2011

TECHLAB To Open Radford Facility

The Radford Industrial Center will become the home TECHLAB Inc., a New River Valley Company making medical supplies. TECHLAB is purchasing the 54,000-square-foot Radford Shell Building, known as the “Branwick Center,” to develop, manufacture and distribute human and veterinary medical diagnostic products.

The company will locate 20 jobs initially, and invest $3 million in the acquisition of the building, adaptation of the space and purchase of equipment. TECHLAB plans to begin operations by the end of 2011.

TECHLAB, Inc. was founded in 1989 by scientists from Virginia Tech, one of only three institutions in the world dedicated to the study of anaerobic micro-organisms. The FDA and ISO 13485 rated company develops, manufactures, and distributes intestinal diagnostics worldwide, retaining an emphasis on science and collaborations with universities.

Products are focused in the areas of intestinal inflammation, antibiotic associated diarrhea and parasitology. The company headquarters is located in the Virginia Tech Corporate Research Center, in Blacksburg, VA.

Virginia Castings, RADVA Corporation and TECHLAB have announced investments in the community of $12.6 million and the creation of 320 jobs recently.

No comments:

Post a Comment