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As CoreRx comes to Largo, Resource One leaves for Sarasota

LARGO — Just as Largo gained a new employer in CoreRx this month, it lost another mid-sized company in Resource One Inc., which manufactures and distributes environmentally friendly cleaning products.

The company announced it will move 15 positions to Sarasota after it qualified for a $50,000 grant based on its plans to add 36 positions there over five years, according to a release from the Economic Development Company of Sarasota County.

Resource One Inc. now has 30 employees evenly divided between locations in Largo and Ocala, company president Duncan Yull said in a release.

He said he expects several key employees to relocate, but the company will need to seek a local workforce when it makes the move early next year.

Yull is working with a commercial real estate broker to investigate potential locations in Sarasota County for the business, which is seeking to upgrade its manufacturing and distribution facilities, the company said.

CoreRx, a Tampa-based pharmaceutical development company, announced plans this month to expand its 19-member workforce by at least 55 and move into a new headquarters in Largo.

The company, which formulates combination drugs for large clients and offers other related services, recently qualified for tax refunds from Florida's Qualified Target Industry program, which rewards businesses that employ high-skill, high-wage workers.

The move is expected by mid 2011, Largo officials said.

The Bradenton Herald contributed to this report.

As CoreRx comes to Largo, Resource One leaves for Sarasota 12/18/10 [Last modified: Saturday, December 18, 2010 3:30am]
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