Medical Device Company to Create 40 Jobs in Caldwell County | Eastern North Carolina Now

Adhezion Biomedical, LLC, a research and manufacturing company offering medical adhesive products, will create 40 jobs over the next four years as it expands its facility in Caldwell County, Governor Roy Cooper announced today

ENCNow
    Press Release:

Adhezion Biomedical plans $3.5 million expansion in Hudson


    RALEIGH: Adhezion Biomedical, LLC, a research and manufacturing company offering medical adhesive products, will create 40 jobs over the next four years as it expands its facility in Caldwell County, Governor Roy Cooper announced today. The company plans to invest $3.5 million in Hudson over this period of time.

    "Biotech is thriving here in North Carolina, contributing $86 billion to our economy each year," Governor Cooper said. "Adhezion's decision to expand in Caldwell County underscores that North Carolina is a world leader in biomanufacturing."

    Adhezion Biomedical, LLC is a privately‐held medical device company focused on the development, manufacturing and commercialization of cyanoacrylate-based surgical, wound management and infection prevention technologies. Founded in 2001, the company maintains its corporate headquarters in Wyomissing, Pennsylvania.

    "More than 60,000 North Carolinians work directly in the biotechnology industry," said North Carolina Commerce Secretary Anthony M. Copeland. "From our ongoing industry training programs to the state's overall quality of life, North Carolina provides unmatched support for the biotech workforce." N.C. Commerce and the Economic Development Partnership of N.C. were instrumental in supporting the company's investment decision.

    The new positions in Caldwell County will provide an annual payroll impact of more than $1.3 million to the local economy.

    "We very much appreciate the support of the state's Department of Commerce in making this grant available to our company," said Pete Molinaro, Adhezion's CEO and Chairman. "We expect to use these funds to allow us to grow our presence in Hudson, N.C. by expanding our facility, its processes, capacity and workforce, as well as offering opportunities to our current employees. Furthermore, we are delighted to be able to commit to making Hudson, N.C. our home for the company's research & development, manufacturing and distribution activities."

    A performance-based grant of $100,000 from the One North Carolina Fund will help facilitate Adhezion's expansion in Caldwell County. The OneNC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require a matching grant from local governments and any award is contingent upon that condition being met.

    "Adhezion and its employees are making a real difference in people's lives," said N.C. Senator Deanna Ballard. "We're proud of the research and innovation that will be supported by this new expansion in our region."

    "I'm excited about Adhezion's decision to expand its facility in Hudson," said N.C. Representative Destin Hall. "This is another example of what a great place Caldwell County is to do business."

    In addition to North Carolina Commerce and the Economic Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, Blue Ridge Energy, Caldwell County, and the Caldwell County Economic Development Commission.

  • Contact: Ford Porter
  •     govpress@nc.gov

Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Governor Cooper Announces Borealis Compounds Will Operate New Plant in Alexander County Commerce Expansion, NC Economy, Business North Carolina's Apprenticeship Program Offers Big Potential at Small Cost


HbAD0

Latest Business

This effort in exposition begins the noble experiment of many years of understanding this land, deep within the Chocowinity Bay /Pamlico River watershed, its essence in totality, and, ultimately, the planning of that benefit to the collective will of humankind.
“TikTok has immense potential, not just as a tool for creators but as a driver of meaningful economic and social impact."
Walgreens could "enter the dangerous spiral of being an ever-shrinking business.”
An Axios reporter rushed to the defense of Vice President Kamala Harris’ heavily criticized proposal to control grocery prices on Tuesday, but her article was hit by a community note on X that provided some important context.
Government figures for job growth over the past year have been significantly revised after being overestimated by more than 800,000 jobs.
A federal judge ruled on Monday that Google has a monopoly over general search engine services, siding with the Justice Department and more than two dozen states that sued the tech company, alleging antitrust violations.

HbAD1

Changes at Chocowinity EMS does not mean you are loosing EMS services
This effort in exposition begins the noble experiment of many years of planning this land, deep within the Chocowinity Bay /Pamlico River watershed, and how capture its essence, and its true value as an eclectic mixed use community.
Former President Donald Trump is considering having Tesla CEO Elon Musk serve in an advisory role if Trump reclaims the White House, according to a new report.
Ford Motor Company revealed this week that it lost more than a hundred thousand dollars for every electric vehicle that it sold during the first quarter.
A former Boeing employee who raised safety concerns related to the company’s aircraft production was found dead this week.
A national report card on hospital patient safety has ranked North Carolina in third place among hospitals in the U.S. that had mostly “A” ratings when it comes to patient safety, up from sixth place this past spring.
RALEIGH: Lynddahl Telecom America Inc. (LTA), a duct solutions company for fiber optics installations, will create 54 new jobs in Gaston County, Governor Cooper announced today.
A unanimous three-judge panel of the state Court of Appeals has ruled in favor of the North Carolina Farm Bureau Federation, and against the Department of Environmental Quality, in a dispute over animal-waste permits.
Trying to turn our oceans into sprawling, on-again/off-again electric stations is becoming even more prohibitively expensive.

HbAD2

 
Back to Top