Solstas to add 500 jobs in High Point

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HIGH POINT, N.C. -- A company with co-headquarters in High Point is adding 500 jobs in the city's biggest job creation project in 13 years.

Gov. Bev Perdue said Wednesday it is "mighty big" that Solstas Lab Partners chose to expand here instead of expanding in Virginia, Tennessee, Alabama, Georgia or South Florida.

Solstas, a full-service lab testing company, will add the jobs over the next five years. The company already employs 721 people full-time in High Point.

The company will be hiring in the laboratory, technology, human resources and other office fields. The average pay for the jobs will be $45,000 a year, higher than the county average of $39,000.

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High Point City Council and Guilford County commissioners both voted in mid-January to approve $500,000 in incentives for the project. In return, the company promised to invest $11.6 million locally.

The company will also get a $450,000 grant from the One North Carolina Fund if it creates 300 jobs and invests $7.5 million over the first three years.

The company received incentives to expand at all its other locations as well.