Oct. 15--A California biopharmaceutical company said Tuesday it has chosen the Triad for an East Coast logistics center and specialty pharmacy operation.
FFF Enterprises Inc., based in Temecula, Calif., distributes influenza vaccines, critical-care biopharmaceuticals and other plasma products. The operation will be its second in the country.
It plans to create 31 jobs over three years and spend $7.6 million in capital investment in a new 80,000-square-foot building at Triad Business Park that's also home to the FedEx Ground hub. The park, though in the Kernersville town limits, is at Old Greensboro Road and West Market Street in Guilford County.
The company said that being near FedEx Ground and FedEx Express hub at Piedmont Triad International Airport played a role in its decision, as well as being closer to 70 percent of its customer base.
"The decision to expand our business operations to the East Coast is part of a long-term plan of strategic growth for our company," Patrick Schmidt, FFF's chief executive, said in a statement. "After an extensive search, Triad Business Park proved to be an ideal location."
Schmidt did not disclose a start date for construction, only saying the company expects to break ground "in the very near future."
FFF, which is privately owned, has 200 employees and services more than 48,000 customers nationwide, including 1,400 in North Carolina.
Dan Lynch, president of the Greensboro Economic Development Alliance, said FFF fits two of the Triad's targeted industry clusters -- life sciences and bioscience, and supply chain logistics.
"They are an industry leader with strong management, and their decision to locate in the Triad further validates our cluster strategy," Lynch said. "We have been working with the company since 2007 and throughout the recession we stayed connected. When conditions improved, we were able to help them find a great location for their new facility."
The Greensboro economic development group worked with Winston-Salem Business Inc. and the High Point Economic Development Commission during the site-selection process. The three groups pledged to cooperate on certain projects, including the best site for the company, in the aftermath of a highly intense competition to land the now-closed Dell Inc. assembly plant in 2004.
Samet Corp., developer of Triad Business Park, will be the general contractor for the FFF facility.