Cardinal Health Eyes $500 Million Biotech Plant in Triangle

Pharmaceutical services giant Cardinal Health is floating plans to build a biotech manufacturing facility in Raleigh, N.C., that could cost as much as $500 million and create 1,500 jobs over 10 years. Discussions are early, but Cardinal officials have had talks with Wake County Economic Development recruiters on the prospect of building the plant adjacent to the company's existing 85,000-square-foot facility on Capital Boulevard.

Triangle Business Journal (http://www.bizjournals.com/triangle/stories/2005/02/14/story2.html)