State finance council approves nearly $2.2 million in grants
Hologic Inc., a Fortune 1000 medical technology company, has chosen its Glasgow site for an expansion of its breast and skeletal health business that will add more than 200 jobs.
On Monday, the Delaware Council on Development Finance approved a Jobs Performance Grant of up to $1.48 million and a Capital Expenditure Grant of up to $720,000. The grants are based on the company reaching investment and job creation benchmarks.
Hologic’s expansion in the industrial area south of Newark comes with a price tag of more than $20 million, adds over 100,000 square feet to its campus, and includes plans for an X-ray hub. The expansion also adds 225 new jobs to the 160 people currently working at the Glasgow site. The latest positions include jobs in manufacturing, product development, process and technical support, and operations supervision and management.
“These are good, new jobs that will support Delaware workers and their families,” said Gov. John Carney. “I want to thank Hologic for their commitment to our state. The company’s expansion in Glasgow just reaffirms that Delaware remains a great place for companies of all sizes to put down roots, create jobs and grow.”
Hologic is investing about $4 million in new equipment and about $20 million in construction and fit-out costs.
“This is another example showing that New Castle County is a great place where life science companies, like Hologic, can grow and expand their workforce,” said New Castle County Executive Matt Meyer. “There’s no doubt we have the talent and the workforce ready to help fill the more than 200 new jobs coming to the market. I’m especially proud to recognize Hologic during Breast Cancer Awareness Month for its groundbreaking work and research on women’s health issues.”
Hologic’s Delaware history can be traced back to DuPont, which initially developed the property at 600 Technology Drive for its own X-ray film business. Sterling Group later purchased the site from DuPont, eventually selling it to Hologic in 1999. In 2012, the company expanded its Glasgow operations with a $14.8 million, 9,500-square-foot addition.
Hologic conducts charitable outreach that has included donating money and time to a nonprofit that aids military veterans, providing meals to low-income students, completing home remodeling projects for cancer survivors, holding blood donation drives, and hosting fundraising campaigns for a breast cancer support group.
“Hologic has enjoyed a long history as part of the Newark community, as we drive innovations that transform the detection and treatment of breast cancer globally,” said Jennifer Meade, president of Hologic’s Breast and Skeletal Health Solutions Division. “We are excited to expand our presence and our partnership with the county and with the state of Delaware, enabling us to have an even greater impact on the lives of women around the world.”