Med tech company will use $2.2 million in Delaware grants to expand

Charlie Megginson Business, Headlines

 

Hologic Inc. says it will expand by 100,000 square feet and add 225 new jobs in manufacturing, product development, process and technical support.

 

Massachusetts-based medical technology company Hologic Inc. plans to invest $24 million to expand its Delaware operations at the Glasgow Business Community. 

Supporting the company’s plans are $2.2 million in taxpayer-funded grants from the Delaware Strategic Fund, approved by the state’s Council on Development Finance. 

Of that total, $1.4 million will go toward the creation of new full-time jobs at the facility and $720,000 will support construction costs. 

The Fortune 1000 company aims to improve women’s health globally through early detection and treatment. 

The company’s Delaware operations support its breast and skeletal health solutions division, which is responsible for 3D mammography, which Hologic pioneered in 2011,  breast biopsy systems, ultrasound devices, innovations for breast conservation surgery, and musculoskeletal imaging.

The expansion will add over 100,000 square feet to Hologic’s existing campus and includes plans to create a hub for its X-ray imaging innovations. 

The company estimates it will create 225 new jobs in manufacturing, product development, process and technical support, and operations supervision and management. Roughly 160 employees currently work at the Glasgow site, and the company employs more than 6,000 globally.

Hologic’s Delaware presence can be traced back to DuPont, which originally 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. Hologic previously invested in growing its Newark operations, including a $14.8 million, 9,500-square-foot addition in 2012.

“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, in a press release. “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.”

Hologic’s investment comes less than a month after medical technology company Siemens Healthineers, also located at the Glasgow Business Community, announced it would be investing $32 million to expand its footprint in the first state.

Siemens Healthineers is receiving around $2 million in taxpayer-funded grants from the Delaware Prosperity Partnership.

The partnership aims to attract, grow and retain businesses, build a stronger entrepreneurial and innovation ecosystem and support private employers in identifying, recruiting, and developing talent.

“These are good, new jobs that will support Delaware workers and their families,” said Gov. John Carney in the press release. “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.”

Share this Post