Raleigh-based Mako Medical Laboratories – which has grown significantly in recent years – is bringing more than 150 new jobs to Vance County over the next five years, Gov. Roy Cooper announced Tuesday.
The company’s expansion will see it invest approximately $15.4 million in a new testing facility and warehouse space in Henderson. It will be facilitated by a state Job Development Investment Grant that provides up to $3.2 million in reimbursement to the company over 12 years.
Mako’s expansion is expected to add $226 million to North Carolina’s economy over the term of the grant, according to the governor’s office.
“This location and facility will allow Mako to compete with global life science companies and be strategically positioned to roll out new cost-effective products and services,” stated Chad Price, founder, and CEO of Mako.
Jobs added will include chemists and lab technicians, among other positions, with an average salary of just below $52,000, according to the announcement. The current average salary in Vance County is just below $33,000.
“Life science companies find the ingredients for success here in North Carolina thanks to our skilled workforce and our strong business climate,” Cooper stated. “Biotech is thriving across our state, and I’m proud to welcome Mako Medical to Vance County.”
Mako – which specializes in complex diagnostic testing, including in toxicology and genetics, among other areas – currently employs about 170 people in North Carolina. The company clocked in at the top spot on Triangle Business Journal’s Fast 50 Awards for the past two years – the first company to do so in the program’s 25-year history.