LabCorp expected to say NC is consolidation site

BURLINGTON, N.C. — Laboratory Corporation of America is expected to announce it is consolidating billing operations in North Carolina, a move that would mean hundreds of jobs.

LabCorp headquarters in Burlington is the site for an announcement Thursday that Gov. Beverly Perdue’s office says involves hundreds of new jobs.

LabCorp said in November it hoped to consolidate billing operations from 24 locations nationwide to a site either in Greensboro or Danville, Va., with an opening planned for spring.

The project was described as requiring about 370 jobs. County, city and state governments promised nearly $900,000 in taxpayer incentives.

LabCorp announced Thursday its profit increased 17 percent last year, including 21 percent in the fourth quarter.

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