CPS doubles lab & office size to support expansion
Expanding into another unit in the Keystone Innovation Zone (KIZ), Pennsylvania gives CPS a total of 12,000 sq ft of combined laboratory and office space. CPS has housed more equipment and staff in the new unit.
“On the lab front, we’ve added GC-MS andELISAto supplement our strongLC-MS/MSbase. And, of course, with more lab staff comes even more instrumentation. So we needed elbow room”, said Julie Eble, founder and CEO of CPS.
Acquisition of the unit was finalised on February 28 and hoods and benches were installed by March 14. New laboratory instruments and staff immediately filled much of the extra space.
CPS now employs 65 people but only some of these are based at the Pennsylvania office. Most work at client sites as part of on-site staffing services CPS offers.
“We’ve seen growth in the on-site market from companies who want quality, reliable staff. Our clients want to see the same faces return each time they have a new project. That’s the type of staff we hire and retain”, said Eble.
Local clients in Connecticut, North Carolina and, in particular, Delaware Valley are responsible for much of the growth in revenues, which totalled 18 per cent in 2010. Interest from national and international pharmaceutical companies is also increasing, said Eble.
Accel alliance
Expansion into the new unit follows the December 2010 strategic alliance with Accel Synthesis. Accel uses microwave technology to do custom synthesis in laboratory space next to the CPS facility.
“CPS expertise in qualitative and quantitative analysis and Accel Synthesis’s cutting-edge microwave technology for synthesis are a perfect fit. We’re gearing up for more growth in both companies”, said Eble.
