Riddle me this: How can home sales grow when we have no homes to buy?When a monthly home sales print fails to meet expectations the excuse often used is that inventory is too low to meet the demand.
Genentech Announces 125M Expansion In Hillsboro
Biotech giant Genentech plans to invest more than $125 million to expand its fill/finish production facility in Hillsboro, resulting in up to 100 new skilled manufacturing jobs, the company announced.
The investment in sterile production operations will bring the total number of Genentech jobs in Oregon to more than 500 over the next five years, Larry Sanders, Genentech general manager and vice president of Hillsboro Technical Operations, said in a statement.
“This announcement is another indicator that this is an exciting time in Oregon’s history,” Gov. Kate Brown said in a statement. “Genentech’s investment in its Hillsboro campus and Oregon’s robust workforce underscore that Oregon is a great place for all businesses to build their future and for the biotech sector to grow.”
Genentech opened its Hillsboro plant in April 2010 as part of the company’s strategy to increase manufacturing capacity.
Genentech, which is headquartered in South San Francisco, is a unit of Swiss drug-maker Roche.
For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....
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