Charleston Laboratories, Inc. is expanding operations and creating a modest number of jobs in Palm Beach County. The privately held company will retain six existing jobs and create 25 more this year thanks to efforts by the Business Development Board of Palm Beach County, in cooperation with Enterprise Florida, the Florida Department of Economic Opportunity and the Town of Jupiter.
Charleston Laboratories is in the process of making a capital investment of $4 million in the purchase and renovation of an office building located at 1150 North US Hwy 1 in Jupiter. The company has commenced renovations at its headquarters and will begin hiring this month. The company received a Florida Qualified Target Industry Tax Refund of $140,000 from the State and an additional $35,000 in incentives from the Town of Jupiter.
Governor Scott said, “We are excited to announce the creation of 25 new jobs for families in Jupiter today. Florida job creators like Charleston Laboratories have created more than one million jobs across our state in only five years.”
“We are honored the Business Development Board of Palm Beach County and the Town of Jupiter identified Charleston Laboratories as possessing key qualities for the QTI program,” said Paul Bosse, president and CEO of Charleston Laboratories, Inc. “Florida is a great fit for the Charleston headquarters due to rich talent within the state and its ability to attract top talent from other areas with its dynamic economic environment.
“Charleston Laboratories is an example of the types of life sciences companies that continue to flourish in Palm Beach County,” said Kelly Smallridge, president and CEO of the Business Development Board of Palm Beach County. The BDB has, over the past five years, assisted companies that have created more than 12,600 direct jobs with average salaries greater than $67,000, resulting in more than $693 million in capital investment to Palm Beach County and an economic impact that exceeds $5.87 billion.
“We are excited to welcome Charleston Labs to the Jupiter Community,” said Mayor Karen Golonka. “Jupiter is happy to continue the trend of adding companies to its bioscience community with real commercialization and market opportunities that not only bring additional jobs and economic growth, but also have the potential to make a difference in people’s lives.”