KRS Global Biotechnology invests $28 Million to expand its operation center in Boca Raton, Florida

Specifications:

Name:

KRS Global Biotechnology invests $28 Million to expand its operation center in Boca Raton, Florida

Location:

Boca Raton, Florida

Company:

KRS Global Biotechnology

Estimated Cost:

$28 Million

Source:

krsbio.com

Introduction:

KRS Global Biotechnology, a fast-growing drug company, will create 160 new jobs in Boca Raton, Florida and it also retain 57 jobs and invest $28 million in the region as part of their expansion.

Features:

The KRS Global Biotechnology expansion was made possible through partnerships between Enterprise Florida, Florida Department of Economic Opportunity, the Business Development Board of Palm Beach County, Palm Beach County, and the City of Boca Raton.

Florida’s manufacturing sector ranks among the top 10 nationally with more than 18,200 companies employing some 317,000 people statewide. The state is a premier location for life science clusters, world-renowned biomedical research institutes, and more than 1,100 biotech, pharmaceutical and medical device companies.