http://www.biohouston.org BioHouston Release RSS feed. . Copyright 2005, BioHouston Tendenci Membership Management Software by Schipul - The Web Marketing Company en-us noemail@biohouston.org Wed, 08 Sep 2010 04:04:26 GMT Release http://www.biohouston.org/en/rel/396/ A proposed laboratory testing and molecular diagnostics facility affiliated with the Baylor Health Care System has selected a location in Lewisville, where it plans to eventually employ more than 900 people and have an annual payroll of $67 million. The as-yet-unnamed venture is going under the temporary name of “NewCo,” and branding efforts are under way, sources familiar with the project say. NewCo is a joint venture between the Baylor Health Care System and US Oncology, and possibly other partners, said Nika Reinecke, director of economic development for the City of Lewisville. The company has leased 172,000 square feet at the ConVergence Office Center at 2501 S. State Highway 121, where it will employ 214 by the end of this year, according to an economic development agreement with the city, Reinecke said. The agreement calls for NewCo to employ 320 next year, 550 in 2012, 762 in 2013, and 939 in 2014. The median salary will be about $72,000 and the company’s... http://www.biohouston.org/en/rel/396/ noemail@biohouston.org Fri, 22 Jan 2010 17:00:00 GMT