Press Release

Lieutenant Governor Bolling Participates in Grand Opening of McKesson Corporation Facility in Caroline County

Ibbie Hedrick
804-225-2487
ibbie.hedrick@ltgov.virginia.gov

Tuesday, April 17, 2012

Richmond - Lieutenant Governor Bolling today participated in McKesson Corporation's Grand Opening event in Ruther Glen, VA. McKesson Corporation, a healthcare services and information technology company, is investing about $50 million to establish distribution operations in Caroline County. The project is creating 150 new jobs. The company will distribute pharmaceuticals and health care products to independent retail, national retail accounts and institutional accounts. Virginia successfully competed against Maryland and Pennsylvania for the project.

Speaking at today's event, Lieutenant Governor Bolling said, "We are delighted that McKesson Corporation has decided to locate its new distribution center in Carolina County. This state of the art distribution center will create 150 new jobs and result in a $50 million capital investment. McKesson knows that Virginia is the best place in America to do business, and that's why they chose to locate their new distribution center in our state. This new facility will enable McKesson to serve its customers in a more efficient way, while providing important employment opportunities for our citizens. We thank our friends at McKesson for their continued investment in Virginia, and we look forward to working with them in the years to come."

Headquartered in San Francisco, CA, McKesson, which is currently ranked 14th on the FORTUNE 500, is dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes and improving the quality and safety of patient care. Throughout its 177-year history, McKesson has grown by providing pharmaceutical and medical-surgical supply management across the spectrum of care; healthcare information technology for hospitals, physicians, homecare and payors; hospital and retail pharmacy automation and services for manufacturers and payors that are designed to improve patient outcomes.

The Virginia Economic Development Partnership worked with Caroline County and the Fredericksburg Regional Alliance to secure the project for Virginia. The Virginia Department of Business Assistance is providing training assistance through the Virginia Jobs Investment Program.

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For additional information contact Ibbie Hedrick at 804-225-2487 or ibbie.hedrick@ltgov.virginia.gov.