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Life Sciences Group to Invest $213 Million in Sanford Facility

Abzena, a San-Diego based life-sciences group, will open a new facility in Sanford, Gov. Roy Cooper announced April 13. The company plans to invest $213 million, locating in a 117,000 square foot building in the Central Carolina Enterprise Park. The facility, located adjacent to U.S. 1 and Colon Road in Lee County, will create 325 jobs that pay an average annual salary of more than $60,000. âWe are delighted that Abzena chose Lee County, thus helping us to grow our local life sciences industry,â said Lee County Board of Commissioners Chair Kirk Smith. âWe are blessed to be centered in the heart of North Carolina in close proximity to our premier research institutions that will help further accelerate the impact of Abzena on our county, state, and country. We look forward to the beneficial economic impact for our community as well the future tax relief for our citizens.â

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Former CEO Michael Smith leaving SAGA

Michael Smith is leaving the Sanford Area Growth Alliance next month for a position in Chatham County, he said Wednesday. Smith, who joined the Sanford Area Growth Alliance in 2018 as its CEO, recently handed over the reins to Jimmy Randolph. Smith said he was stepping down to take a position as the co-executive director of economic development. He holds the position jointly with Bob Joyce. Smith will now leave the organization to become president of the Chatham County Economic Development Corporation, he said. His last day is Jan. 24. âIt was hard to leave SAGA because weâve got a great team that I really like and respect,â he said Wednesday. âIt was a difficult decision, but I think being able to lead the economic development efforts in a place thatâs so dynamic . and also very close by, really made it a great situation for me to accept.â

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James Henry Randolph, III

James Henry Randolph, III
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SAGA leader reflects on Marelli s Sanford legacy

SAGA leader reflects on Marelli s Sanford legacy
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