Applied Biosystems Plans Huge Expansion in Pleasanton, Calif., Reports the San Jose Business Journal.Business Editors & Health/Medical Writers BIOWIRE2K SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BW HealthWire)--Aug. 14, 2000 Applied Biosystems Applied Biosystems, Inc. (formerly NASDAQ: ABIO) is the original name of a pioneer biotechnology company founded in 1981 in Foster City, California, among the Silicon Valley cities of the southern San Francisco Bay Area. Corp., (NYSE NYSE See: New York Stock Exchange :PEB PEB Physical Evaluation Board PEB Presidential Emergency Board PEB Post Exposure Bake PEB Professional Engineers Board (Singapore) PEB Pre-Engineered Building PEB Personal Electronic Ballot PEB Performance Evaluation Board ) a major player in decoding the human geonome, plans to expand beyond its Foster City, Calif., headquarters by developing a 960,000-square-foot campus in the Bay Area community of Pleasanton, Calif., reports this week's San Jose Business Journal. Applied Biosystems plans to purchase 80 acres in Pleasanton by year-end from Kaiser Aluminum Kaiser Aluminum (NASDAQ: KALU) is an American aluminum producer. The company was founded in 1946 by American industrialist Henry J. Kaiser. Kaiser entered the aluminum business by purchasing two government-owned aluminum facilities in Washington state. Corp. (NYSE:KLU KLU Koninklijke Luchtmacht (Royal Air Force) KLU Klagenfurt, Austria - Klagenfurt (Airport Code) ) Kaiser is moving its operations to Texas, leaving behind about 300,000 square feet of office, laboratory and warehouse space. Applied Biosystems, previously named PE Biosystem, will initially occupy about 100,000 square feet of space with plans to further develop the property during the next eight years, San Jose Business Journal reporter Troy May reported. The East Bay campus in Pleasanton will eventually house about 2,600 employees, said Nick Wong, director of real estate for Applied Biosystems. The company employs about 2,000 people who will remain at the Foster City headquarters. "By expanding to the East Bay, we believe it will improve our chances to attract employees who might find it difficult to move to Foster City," Applied Biosystems spokesman Jay Rhodes told the weekly newspaper. Applied Biosystems develops and markets instrument-based systems, reagents, software and contract services to the life science industry and research community. Applied Biosystems manufactured the technology used by sister company Celera Genomics Group (NYSE:CRA See Community Reinvestment Act. ) of Rockville, Md., and by the Human Geonome Project. The San Jose Business Journal's complete report on Applied Biosystems' expansion can be found at http://www.bizjournals.com/sanjose/stories/2000/08/14/story1.html The San Jose Business Journal, along with its affiliated newspapers the San Francisco Business Times and the East Bay Business Times, provides news and insight into one of the most vibrant regional economies in America. The three newspapers are owned by American City Business Journals Inc., which also features the nation's most complete coverage of local business news on the Internet at http://www.bizjournals.com. |
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