Invitrogen Adds Land to Site

The Register Guard (Eugene, OR), October 4, 2008 | Go to article overview

Invitrogen Adds Land to Site


Byline: Sherri Buri McDonald The Register-Guard

Biosciences company Invitrogen bought almost 5 additional acres near its campus in west Eugene on Thursday, according to Lane County property records.

The $1.15 million purchase comes at a time when Invitrogen is looking at expanding its Eugene site, which has 300 employees.

"Invitrogen is considering expansion plans, but at this time it cannot provide details," said Revelle Bailey, a spokeswoman at Invitrogen's headquarters in Carlsbad, Calif.

The glimmer of further growth at Invitrogen comes at a good time for the Eugene-Springfield area, which has suffered from a string of recent layoffs.

Hynix has laid off 911 workers so far at its semiconductor wafer plant in west Eugene, just south of Invitrogen's campus, spokesman Bobby Lee said on Friday. He said 70 local Hynix employees and 30 Korean nationals continue to work at the plant.

Hynix has ceased production in Eugene, citing poor market conditions, and its plans to manufacture only larger wafers at its plants in Asia. Hynix is looking at other uses for, or the possible sale of, its facility here.

Mayor Kitty Piercy said Friday that if Invitrogen's land purchase indicates that Invitrogen is looking to expand, "that's great news for our local economy in these tough times, and shows that our local economy continues to move forward."

Invitrogen develops, manufactures and sells research tools to customers engaged in life sciences research, drug discovery, diagnostics, and the commercial manufacture of biological products.

Invitrogen established a presence in Eugene five years ago when it bought Molecular Probes, the world's leading supplier of organic dyes used as fluorescent probes to track cell functions and activities of genes and proteins.

Dick and Rosaria Haugland founded Molecular Probes in 1975 and sold it to Invitrogen in 2003 for $325 million in cash. …

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Invitrogen Adds Land to Site
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