LabCorp Donates $1 Million to Local College

A global life sciences company donated a large gift of $1 million to a local community college with Medical Laboratory Technology, Histology, and other biotech programs.

Laboratory Corporation of America (LabCorp) recently gifted $1 million to Alamance Community College (ACC), a community college in Graham, North Carolina.

The college, which has a student body of more than 5,000, offers traditional technical courses as well as biotechnology, culinary technology, medical laboratory technology, and other transfer courses.

A portion of the funds was used for new state-of-the-art equipment for the college’s Medical Laboratory Technology program.

The remaining funds will be used to purchase and maintain technology for the $9.1 million Biotechnology and Life Science Center of Excellence set to be completed by August 2021.

The 34,000-square-foot facility will house the Biotechnology, Medical Laboratory Technology, Histotechnology, and Agricultural-Biotechnology programs.

Over the years, LabCorp and ACC have collaborated to launch ACC’s Biotechnology, Medical Laboratory Technology, and Histotechnology programs.

The nearly 50-year-old company, whose corporate headquarters are in Burlington, NC, is an S&P 500 global life sciences company. They provide comprehensive clinical laboratory and end-to-end drug development services.

In total LabCorp employs nearly 60,000 employees worldwide, with more than 100 ACC graduates working in LabCorp’s Burlington, NC laboratories.

Just last month LabCorp was named to Fortune magazine’s 2019 List of World’s Most Admired Companies, making the annual list for the second consecutive year. LabCorp reported net revenues of more than $10 billion for 2017.

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