GREENSBORO, N.C. -- On Tuesday, the Greensboro Economic Development Alliance (GEDA) announced that FFF Enterprises, Inc., a California-based biopharmaceutical company is coming to Guilford County.
The company has chosen our area for its new East Coast logistics center and specialty pharmacy. The company is a leading distributor of influenza vaccines, critical-care biopharmaceuticals and other plasma products.
According to a news release, FFF Enterprises will create 31 jobs over three years and invest $7.6 million. The average salary of the jobs will be $41,000. The company plans to construct a new 80,000 square-foot building to be located at Triad Business Park, also home to FedEx Ground.
The presence of a FedEx Express (air) hub at Piedmont Triad International and sizeable ground operations in Greensboro were important factors in FFF Enterprises' decision to locate in Guilford County.
"The decision to expand our business operations to the East Coast is part of a long-term plan of strategic growth for our company," said Patrick M. Schmidt, chief executive officer, FFF Enterprises, Inc. "After an extensive search, the Triad Business Park in Guilford County proved to be an ideal location for our new distribution center. We are looking forward to breaking ground and beginning construction in the very near future."
A privately-owned company, FFF Enterprises currently employs 200 people throughout the country and services over 48,000 customers nationwide. The Guilford County, East Coast logistics center will be FFF Enterprises' second location, allowing more immediate access to 70 percent of its customers. Currently, the company has more than 1,400 customers in North Carolina.
The Greensboro Economic Development Alliance worked closely with Winston Salem Business, Inc. and the High Point Economic Development Corporation throughout the site selection process. FFF Enterprises considered buildings and sites across the Triad before selecting Triad Business Park. The Samet Corporation, developer of Triad Business Park, will construct the new 80,000 square-foot facility.
Source: Greensboro Economic Development Alliance