Robotic Pharmacy System Manufacturer To Remain in Durham, Add 130 Jobs
Posted July 13, 2006 3:44 a.m. EDT
DURHAM, N.C. — Privately held
, a manufacturer of robotic pharmacy dispensing systems, has decided to not only keep its headquarters in Durham but also to expand its operations and add 130 new jobs.
Parata received state and local incentives to remain in Durham, where the company was founded in 2001.
In May, Parata acquired McKesson Automated Prescription Systems, a division of much bigger McKesson Corporation. McKesson also made an undisclosed investment in Parata as part of the deal. McKesson's operation included facilities in Louisiana and Pennsylvania. Corporate functions for the merged operation will be consolidated in Durham, according to a statement from Governor Mike Easley's office.
Parata said it would invest $15 million in its expansion over five years.
The state provided a $100,000 One North Carolina Fund grant to help convince Parata to stay in Durham. Such grants require a match from local governments. Parata had sought an incentive package from Durham.
Parata employs some 210 people. Of those, 145 work in Durham. Parata also has a manufacturing plant in Youngsville, N.C.
"Parata was founded in Durham, and we attribute the region's robust talent and technical resources as integral to our success," said Chief Executive Officer Jess Eberdt. "The commitment of the governor to retaining growth businesses like Parata was critical to our decision to maintain our commitment here."
Other partners in the negotiations to keep Parata in Durham included the state Department of Commerce, N.C. Community College System and Durham County.
Parata also qualified for the North Carolina New and Expanding Industry Training Incentives. The program promotes training to qualify North Carolina employees.
The Council for Entrepreneurial Development recently recognized Parata as "Growth Company of the Year".