After a public hearing on Monday, Johnston County Commissioners approved a $12.77 million incentives packages for Grifols’ $210 million expansion here.
Johnston will return 90 percent of the company’s real estate taxes and 50 percent of its personal property taxes over 10 years.
Spain-based Grifols derives drug therapies from blood plasma. Last month, the company announced that it had chosen Johnston County for new fractionation and purification plants. A site in Texas was also in the running for the 250 jobs.
The 100,000-square-foot fractionation plant will extract therapeutic proteins, and the 120,000-square-foot purification plant will produce intravenous antibodies. Grifols will build both plants on the company’s 240-acre campus just outside of Clayton.
Never miss a local story.
“For the second time in less than eight months, a major biomanufacturing company chose Johnston County for significant expansion,” said Chris Johnson, Johnston County’s economic-development director. The other was Novo Nordisk, which broke ground two weeks ago on a $1.8 billion expansion.
“This shows that there are good jobs in Johnston County and lets young people know they do not have to go anywhere else to work,” Johnson said.
The 250 new jobs will pay an average salary of $60,000 a year and will add $154 million to the county’s gross domestic product, Johnson said. Grifols expects to open begin construction in 2017 and open the new purification plant in 2021 and the fractionation plant in 2022.
Grifols is the latest drug maker to occupy its plant on U.S. 70 Business. Sergei Roura, president of Grifols Therapeutics, said he hopes his company’s name will stay for many years.
“We appreciate the confidence and trust the county places on us,” Roura told commissioners on Monday. “We’re very, very proud; it means a lot for the people who work here. There are a lot of reasons a company considers when expanding, and one of those reason is the work environment. Here we can develop, grow and progress, and you are a big part of this.”
Commissioners returned the compliments. Board chairman Tony Braswell declared the expansion “absolutely great,” and Commissioner Ted Godwin said it was a good partnership.
“I hope Johnston County has been as good to Grifols as Grifols has been to Johnston County,” Godwin said.
The county will pay Grifols $1.277 million each year out of its general fund, as North Carolina doesn’t allow tax forgiveness. County attorney Jennifer Slusser said the incentive is based on $147 million in new buildings and $63 million in new equipment.
Drew Jackson: 919-553-7234, Ext. 104; @jdrewjackson