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Agilent Technologies, Inc.

Summary

Agilent Technologies, Inc. received a $148,000 grant from the Tennessee FastTrack Economic Development Fund. The Tennessee FastTrack Economic Development Fund provides additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. EDGE acted as a conduit for the grant.

The grant is part of an incentive package that will assist the company in opening a distribution facility at 5050 Holmes Road. The project will create 117 net new jobs with an average base salary of $40,670 excluding benefits. Agilent Technologies will make $720,000 worth of capital investment to the facility

Agilent Technologies, Inc. is a global leader in life sciences, diagnostics, and applied chemical markets. Agilent was created when it spun off from Hewlett-Packard Company in 1999. The company provides laboratories worldwide with instruments, services, consumables,
applications and expertise. Agilent focuses on six key markets: food, environmental and forensics, pharmaceutical, diagnostics, chemical and energy, and research.

Financing Amount:

$148,000

Projected Total Jobs:

117

Total Investment:

$7,544,240

Approved

12/22/2017

Agilent Technologies, Inc.

5050 Homes Road, Memphis, TN 38118