                                        {"id":2469,"date":"2026-06-29T22:34:27","date_gmt":"2026-06-29T22:34:27","guid":{"rendered":"https:\/\/charlotterelocationguide.com\/?p=2469"},"modified":"2026-06-29T22:34:27","modified_gmt":"2026-06-29T22:34:27","slug":"suburban-charlotte-plan-for-1200-high-paying-jobs-is-from-a-swiss-biopharma-firm","status":"publish","type":"post","link":"https:\/\/charlotterelocationguide.com\/?p=2469","title":{"rendered":"Suburban Charlotte plan for 1,200 high-paying jobs is from a Swiss biopharma firm"},"content":{"rendered":"<p>Swiss <a href=\"https:\/\/www.octapharma.com\/\" rel=\"Follow\" target=\"_blank\">biopharmaceutical company Octapharma<\/a> is the company behind the high-profile <a href=\"https:\/\/www.heraldonline.com\/news\/business\/article316215679.html\" rel=\"Follow\" target=\"_blank\">$1.5 billion redevelopment plans<\/a> just outside Charlotte in Rock Hill that are set to create more than 1,200 jobs, officials disclosed Monday night.<\/p>\n<p>Read more <a href=\"https:\/\/charlotterelocationguide.com\/?p=2466\">Krispy Kreme is giving away doughnuts, if you dress the part. How to get a free one<\/a><\/p>\n<p>The company introduced itself at the June 29 <a href=\"https:\/\/www.youtube.com\/@YorkCountySC\/videos\" rel=\"Follow\" target=\"_blank\">York County Council public hearing<\/a> for a tax incentive agreement related to the project. Its identity had been under a nondisclosure agreement involving Rock Hill and York County.<\/p>\n<p>Both the $1.5 billion investment and 1,200 projected jobs put Octapharma among t<a href=\"https:\/\/www.heraldonline.com\/news\/business\/article316131247.html\" rel=\"Follow\" target=\"_blank\">he biggest economic development projects<\/a> ever introduced in York County.<\/p>\n<p>Octapharma uses plasma, most of it donated at company-owned sites, to create medicine that treats a range of diseases, immune disorders and critically ill patients.<\/p>\n<p>The company\u2019s plans for Rock Hill include a corporate headquarters campus and a manufacturing facility.<\/p>\n<p>Monday\u2019s announcement ends weeks of speculation on which company will build a headquarters and manufacturing site in <a href=\"https:\/\/palmettoresearchpark.com\/\" rel=\"Follow\" target=\"_blank\">Palmetto Research Park<\/a>, the city-owned site off Interstate 77 at Exit 81 where the Carolina Panthers once had a <a href=\"https:\/\/www.heraldonline.com\/sports\/nfl\/carolina-panthers\/article260544027.html\" rel=\"Follow\" target=\"_blank\">headquarters site and practice facility<\/a> under construction. The team halted that project four years ago amid a <a href=\"https:\/\/www.heraldonline.com\/sports\/nfl\/carolina-panthers\/article259649850.html\" rel=\"Follow\" target=\"_blank\">funding dispute with the city<\/a>.<\/p>\n<p>Octapharma went by the codename Project Palmetto Rock as details emerged about its plans through city and county approvals related to the project. Construction is expected to start late this year, where Palmetto Parkway crosses the interstate.<\/p>\n<p>Headquarters jobs would average more than $141,000 per year, and manufacturing jobs nearly $103,000. In York County, the average wage is $63,805, according to the <a href=\"https:\/\/charlotterelocationguide.com\/wp-content\/uploads\/2026\/06\/c2d4b2cb5eb9e96ce13236a3f5c29315.pdf\" rel=\"Follow\" target=\"_blank\">U.S. Bureau of Labor Statistics<\/a>.<\/p>\n<p>Octapharma bills itself as the world\u2019s largest privately owned plasma fractionator.<\/p>\n<p>A fractionator separates a mixture into individual components. The company creates medicines and therapies from proteins sourced from human plasma and cell lines. Medicines are used in haematology, immunotherapy and critical care.<\/p>\n<p>The company is headquartered in <a href=\"https:\/\/www.myswitzerland.com\/en-us\/destinations\/lachen-sz\/\" rel=\"Follow\" target=\"_blank\">Lachen, Switzerland<\/a>, southeast of Zurich by Lake Zurich. Octapharma has more than 11,000 employees worldwide and generated about $4 billion in revenue last year, according to its website.<\/p>\n<p>The privately held company was founded in 1983.<\/p>\n<p>The manufacturing piece is a nearly $1.3 billion investment, with another $190 million going to the corporate headquarters construction.<\/p>\n<p>The high pay is a major selling point for the project that has widespread county support, said York County Councilman Tom Audette, a member of the county Economic Development Committee.<\/p>\n<p>Read more <a href=\"https:\/\/charlotterelocationguide.com\/?p=2465\">How to help Venezuela from NC: Reputable fundraisers, local organizations<\/a><\/p>\n<p>\u201cThe growth opportunity is big with this,\u201d he said. \u201cAnd it\u2019s a type of company that will attract other good companies to this area.\u201d<\/p>\n<p>Monday\u2019s announcement also ends years of speculation on what would replace the failed Panthers project.<\/p>\n<p>The city acquired more than 200 acres through bankruptcy for the company set up to do business for the Panthers in Rock Hill, GT Real Estate. Rock Hill officials began promoting the site, <a href=\"https:\/\/www.heraldonline.com\/news\/local\/article286950970.html\" rel=\"Follow\" target=\"_blank\">complete with a new interchange<\/a> added as part of the Panthers plans, as a prime redevelopment opportunity for life science or advanced manufacturing companies.<\/p>\n<p>In April, the city began the process of <a href=\"https:\/\/www.heraldonline.com\/news\/business\/article315562305.html\" rel=\"Follow\" target=\"_blank\">selling a 50-acre portion of Palmetto Research Park<\/a> for Project Palmetto Rock.<\/p>\n<p>This month, the city finalized a separate sale of 25 acres within Palmetto Research Park to North Carolina-based Novant Health. The company intends to put a <a href=\"https:\/\/www.heraldonline.com\/news\/business\/article316048634.html\" rel=\"Follow\" target=\"_blank\">$300-million medical campus<\/a> there.<\/p>\n<p>A week later, York County Council gave initial approval to <a href=\"https:\/\/www.heraldonline.com\/news\/business\/article316131247.html\" rel=\"Follow\" target=\"_blank\">tax incentives related to Project Palmetto Rock<\/a>. Monday\u2019s public hearing will be followed by one final vote expected in July.<\/p>\n<p>Because the city owns Palmetto Research Park, officials were able to hold out and say no to several redevelopment opportunities the past four years in order to bring in high-pay jobs, said Rock Hill Mayor John Gettys.<\/p>\n<p>\u201cWe decided we wanted to use this asset, this once-in-a-lifetime opportunity, to bring jobs to our community that don\u2019t exist here now,\u201d he said.<\/p>\n<p>Octapharma\u2019s presence in Rock Hill, along with Novant, delivers on the city\u2019s goal of becoming a life sciences and advanced manufacturing destination for businesses, Gettys said. There\u2019s reason to expect more, he said.<\/p>\n<p>Partnerships with South Carolina and Charlotte economic development teams combine with new life sciences programs or advanced manufacturing programs at places like York Technical College and Winthrop University. City utilities and zoning are being used to create more sites along the interstate that are business ready.<\/p>\n<p>\u201cWe\u2019ve got a real opportunity to bring these jobs, en masse, to this area,\u201d Gettys said.<\/p>\n<p>Read more <a href=\"https:\/\/charlotterelocationguide.com\/?p=2463\">Man shot someone near SC hiking trail, then killed his mom in Waxhaw, NC sheriff says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiss firm Octapharma will invest $1.5B at Palmetto Research Park in Rock Hill near Charlotte, creating 1,200 high-paying jobs in HQ and manufacturing roles.<\/p>\n","protected":false},"author":1,"featured_media":2467,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-read-todays-edition"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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