Governor Bev Perdue announced on Feb. 8 that Solstas Lab Partners, a leading medical and diagnostic laboratory, will expand its operations in Guilford County. The company plans to create as many as 500 jobs and invest about $11.6 million dollar over five years to gain maximum benefits from performance-based incentives approved by Guilford County and the City of High Point. The project was made possible in part by a $450,000 grant from the One North Carolina Fund. The state grant will be based on the company creating 300 jobs and investing $7.5 million over the first three years of the project. The N.C. Department of Commerce’s Jan Critz was the developer on this project.
Solstas Lab Partners, headquartered in Guilford County, has more than 1,750 employees working at numerous labs across the state. The company employs more than 720 full-time workers and 140 part-time positions at its High Point facility. Solstas provides a wide range of clinical, anatomical and esoteric testing services.
Salaries will vary by job function, but the average annual wage for the new jobs during the first three years of the project will be $49,023, with the average annual wage for all 500 jobs estimated at more than $45,000. The Guilford County average annual wage is $39,520.