KBI BioPharma.

PositionTriangle - Will occupy a plant in Durham - Brief Article

DURHAM -- Fledgling drug manufacturer KBI BioPharma, a division of Atlanta-based Kinetic Biosystems, will occupy a plant in Durham. The company committed to locate in North Carolina earlier this year when it accepted a $1 million loan from the North Carolina Biotechnology Center. KBI plans to begin operations early next year in the former Mitsubishi semiconductor plant. It plans to hire 75 in its first two years and increase employment to 550 by 2008.

Among the 75 largest U.S. metro areas, Raleigh had...

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