NC corporation offered $900K for 370 billing jobs

GREENSBORO, N.C. — One of the country’s largest medical sample testing companies could get nearly $900,000 in taxpayer incentives if it consolidates billing operations in North Carolina.

Multiple media outlets reported Friday that Guilford County commissioners approved a plan worth nearly $250,000 in hopes of coaxing Laboratory Corp. of America to bring 370 jobs to
Greensboro. Salaries would average about $27,000 a year.

The state has offered $275,000 and the city added $370,000 to the package.

The Burlington company is considering a consolidated billing site in Greensboro or Danville, Va.

LabCorp employs about 28,000 workers worldwide. LabCorp last month posted third-quarter profits of $131 million, but trimmed its profit forecast for the full year.

(Copyright 2009 by The Associated Press. All Rights Reserved.)