LUBBOCK - The Lubbock Economic Development Alliance (LEDA) announced the creation of 187 new jobs. The additional jobs are the result of the expansion of five local businesses, and the relocation of two businesses to Lubbock.
The LEDA board of directors approved incentives for six of the seven companies. The jobs created from these seven projects equal more than $7 million in salaries boosted by incentives from LEDA with a capital investment of more than $1.2 million.
The five local expansion projects are Supply Chain Management Inc., Research and Testing Laboratory, PathoGenius Laboratory, Raw Oil & Gas Inc. and Covenant Health.
A member of St. Joseph Health System in Orange County, Covenant Health is moving the California Patient Financial Services Operations Unit to Lubbock creating 84 new jobs. The jobs will create annual salaries of more than $2.7 million, according to Kenny McKay with LEDA.
Supply Chain Management Inc. will create 14 jobs with annual salaries of $574,000. Incentives to the company would be $22,500 over five years, according to the board of directors.
Research and Testing Laboratory, a full-service molecular lab, is expanding its Lubbock operations. The laboratory announced 19 new jobs with annual salaries of $950,000. The expansion includes a capital investment of more than $800,000 in the next four years.
PathoGenius Laboratory, a clinical molecular microbiology laboratory, providing microbial testing, is adding 12 new jobs with annual salaries of almost $670,000.
Those salaries benefit from LEDA incentives of $86,000 over the next five years for Research and Testing Laboratory and $64,000 for PathoGenius Laboratory over the same time.
Raw Oil & Gas Inc. is growing its Lubbock operations and will create 17 new jobs with annual salaries of more than $1 million. The LEDA board of directors approved to grant incentives to Raw Oil & Gas of $99,500 over five years.
The two relocation projects are Quality Buildings Inc. and Michelin North America.
Quality Buildings, a portable wooden building manufacturer, is expanding its operations to Texas with its first plant location in Lubbock. The expansion creates 33 jobs with incented annual salaries of more than $1 million. The company will be located near 34th St. and Ave. A.
Michelin North America has added a new distribution center in the former X-Fab of Texas building. The Lubbock center will create eight jobs.
Read more at the Lubbock Avalanche-Journal. Read more Lubbock news at NewsTalk Texas.