What State is Raybow US Inc Expanding in?
Raybow US Inc is a China-based pharmaceutical company. They currently have a location in Right to Work Brevard, North Carolina which allows them to continue to grow. And thatâ€™s exactly what theyâ€™re doing. They plan to soon invest $15.8 million toward expanding in this location. But the company isnâ€™t the only one that will benefit from this. In fact, they plan to create 74 new jobs over the next several years. So this will be a great addition to the areaâ€™s economy and give people new job opportunities!
From Area Development Magazine:
â€œRaybow Pharmaceuticals is proud to announce that, a year since we acquired the Brevard site, we are ready to further increase our commitment in North Carolina. We are grateful for the warm welcome we have received and the continued support we experienced during the feasibility studies for this expansion. Transylvania County has proven to be the right choice for our North American headquarters and R&D operations and we very much look forward to the continued journey with the people of North Carolina.â€ [â€¦]
â€œNorth Carolina pioneered contract pharmaceutical discovery more than a generation ago. Today the industry connects many of our communities with global life sciences opportunities. [â€¦]We welcome this major expansion by Raybow USA, whose local roots showcase the best traditions of entrepreneurship in our state.â€AREA DEVELOPMENT MAGAZINE
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