DURHAM -- BD Biosciences is holding a ribbon-cutting of the completed 50,000-square-foot expansion of its facility in Durham's Treyburn Business Park today.
The expansion, which was originally announced in 2007 and cost $25 million, expands the facility by 27 percent, from 188,000 to 232,000 square feet.
The company is a segment of Becton, Dickinson and Co. based in Franklin, N.J., and provides fluid handling, tissue culture and cell screening services.
The expansion allows BD to consolidate and increase U.S. manufacturing capacity for its Discovery Labware products, which are used in life science research.
Before the expansion, it employed 285 workers in Treyburn. It now boasts 414 workers and still has eight more open positions as of Wednesday.
Quintiles has new Web site
DURHAM -- Quintiles, a global contract research organization based in Durham, has launched a new Web site to promote clinical research participation.
The new Web site, www.clinicalresearch.com, presents information on clinical research and the value it brings to health care, according to Quintiles.
"Research shows that 75 percent of the general public state they have little or no knowledge of clinical research and the participation process. We want to fundamentally change that statistic," said Chris Cabell, head of Global Access to Patients at Quintiles.
BofA selling part to Ameriprise
NEW YORK -- Bank of America Corp. said Wednesday it is selling the long-term asset management business of one of its units to Ameriprise Financial Inc.
Ameriprise, a financial planning services firm based in Minneapolis, will pay between $900 million and $1.2 billion in cash for Columbia Management's long-term asset management business. The division has $165 billion in equity and fixed-income assets under management. The final price will be based on asset flows and investor consents leading up to the closing of the deal.
Charlotte, N.C.-based Bank of America has been among the banks hardest hit by the recession and mounting loan losses.
Coke to enhance nutritional facts
CHICAGO -- Coca-Cola Co. will change the packaging on almost all its products to more prominently display certain nutritional facts amid increasing pressure on lawmakers to consider taxes on sugary sodas, which some health experts blame for rising obesity rates
The effort will place calories-per-serving and servings-per-container details on the side of almost all of the soft drink maker's products sold in more than 200 countries. Only fountain drinks, water and beverages sold in reusable bottles will be exempted from the switch.
The company said it hopes the broken-out details -- displayed in black text set in a white oblong box -- will be more convenient for customers who want quick nutritional information at a glance.
-- From staff, wire reports
