Randox Laboratories Receives Loans to Expand
The West Virginia Economic Development Authority has approved two loans to help Randox Laboratories expand its facility in Jefferson County.
Ireland-based Randox will receive a $1.6 million loan for the expansion and a $1.1 million loan to help buy new equipment.
The Charleston Gazette reports that the authority approved the loans on Thursday. Authority executive director David Warner says the expansion is expected to create 50 jobs.
Randox's facility in Kearneysville currently employs 27 workers.
The health care technology company opened the facility in 2010.