Integrated DNA Technologies' $10 Million Expansion Opens; Leading Biotech Firm Adds Capacity and Jobs.CORALVILLE, Iowa Coralville is a small city in Johnson County, Iowa, United States. It is a suburb of Iowa City and part of the Iowa City, Iowa Metropolitan Statistical Area. The population was 15,123 at the 2000 census; a special census taken by the city in 2003 counted 17,269 residents. -- Already the largest supplier of custom nucleic acids Nucleic acids The cellular molecules DNA and RNA that act as coded instructions for the production of proteins and are copied for transmission of inherited traits. in the U.S., Integrated DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. Technologies, Inc. (IDT IDT Integrated Device Technology, Inc. (Santa Clara, CA, USA) IDT I Don't Think IDT Identity Theft IDT Interrupt Descriptor Table IDT Integrated DNA Technologies IDT Inactive Duty Training IDT Instructional Design & Technology ) has just doubled its research, support and production capacity. Today the company officially opened its new 77,000 sq. ft., $10 million headquarters expansion. The increased space and resources ensure that the firm is positioned to respond to increasing demand for its products, while maintaining its industry leading quality, service, and order-turnaround performance. In particular the new building enables a significant expansion of the company's HPLC HPLC high-performance liquid chromatography. HPLC high performance liquid chromatography. HPLC High-performance liquid chromatography Lab instrumentation A highly sensitive analytic method in which analytes are placed , R&D and production capabilities. IDT's continuing growth follows the January 2006 opening of its first satellite facility, in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA., and recent acquisitions of GenBase Inc. (San Diego, CA.), and Synthegen, Inc (Houston, TX). "This facility allows us to expand our production, research and customer service capabilities to maintain the quality, timeliness, and support our customer value," noted Integrated DNA Technologies COO Trey Martin. "It also means we can maintain and improve our performance in these areas for a long time to come. This new building is not only a project completed, but also the start of a new phase of development for us." The opening of IDT's newest expansion in Coralville represents the latest step in the growth of the organization, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dr. Joe Walder. "Given the growing and changing needs of the Life Sciences industries, and the positive influence of our employees, we recognize the ongoing value in expanding our presence here. IDT is proud to call Coralville home, and we're looking forward to even more success in the future. IDT's Coralville headquarters - the foundation for the company's success since 1987 - currently supports the employment of 338 area residents; and 400 people across all its locations. The $10-million expansion will increase that number by up to 50% over the next 24 months so that IDT can accommodate the increased business not only from the U.S. but from its planned European push. From its headquarters in Coralville, its satellite facility in San Diego, and its offices in Illinois and Montreal, IDT supports academic research, biotechnology, and pharmaceutical development by manufacturing the highest quality custom nucleic acids at competitive prices, and delivering the fastest order turnaround times. For Photos: www.schubert.com/media/IDT |
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