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Life Sciences Company Eurofins Scientific To Build $35M Complex In Madison

Company Plans To Build Lab, Office Building That Could House Nearly 500 Employees


Global life sciences company Eurofins Scientific plans to buy land in a Madison business park and build a $35 million laboratory and office building that could house nearly 500 employees.

Madison’s economic development director tells the Wisconsin State Journal that Eurofins will pay about $1 million for 22 acres. Another $1 million will be forgiven if the company retains 375 full-time employees at the site for four years.

The arrangement also includes having the city pick up a large part of the bill to extend municipal services to the site.

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Eurofins is new to Madison, but its employees aren’t. Eurofins bought the Covance Food Solutions business from Covance parent company LabCorp in August for $670 million cash. Covance has long been one of Madison’s largest employers, with nearly 400 workers.