Virginia

CONSTRUCTION PROJECTS

Major Projects ($5M+) 2019-2024

Virginia Fact Sheet, 2019-2024

Pharmaceutical & Biotech Mfg and R&D

Number of Major Projects

($5+ million) 

26

Major Project Valuation

(Any major project active
between 2019 and 2024)

$1.70 billion

Total Construction Spending

(Capital and maintenance
expenditure, 2019-2024)

$1.83 billion

Largest Construction Projects, Pharmaceutical and Biotech Manufacturing and R&D, 2019-2024

Project OwnerProject CityStateYearsValue
Merck and Company Incorporated Elkton Sterile Injectable Plant Gardasil Expansion ProjectElktonVA2019-22$1,000 million
Merck and Company Incorporated Elkton (Stonewall Facility) Biologics Plant Upgrade and ExpansionElktonVA2016-20$168 million
Civica RX Petersburg Grassroot Injectable Fill/FinishPetersburgVA2021-24$124.5 million
Pharmaceutical Product Development (PPD) Inc. Richmond Vaccines, Cell & Gene Therapy Products CDMO Plant ExpansionRichmondVA2022-24$85 million
BIO-CAT IncorporatedTroy Microbial Enzyme Fermentation Facility AdditionTroyVA2023-24$35 million
American Type Culture Collection (ATCC)Manassas Biological Cold Storage/Warehouse/Distribution ExpansionManassasVA2024-25$35 million
Pharmaceutical Product Development (PPD) Inc.Richmond Brownfield “PPD CSD-ICD Expansion Bioanalytical Laboratory CRORichmondVA2021-22$32 million
Phlow Corporation Petersburg Stockpile Covid-19 HPAPI’S + Generic Drug Mfg Plant Addition/RenoPetersburgVA2021-23$25 million
Phlow Corporation Petersburg Stockpile Covid-19 HPAPI’S + Generic Drug Mfg Plant AdditionPetersburgVA2021-22$25 million
Pharmaceutical Product Development (PPD) Inc. Richmond Bioanalytical Chromatography Laboratory Building AdditionRichmondVA2019-20$18 million

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Virginia

CONSTRUCTION EMPLOYMENT

Industry Analysis:

Virginia

Pharmaceutical
Manufacturing

(NAICS = 325400)

Firms:

233

Employees:

2,743

Annual Wages:

$284 million

Wages per Employee:

$103,669

Construction Labor Overview, 2019-2024

Pharmaceutical & Biotech Mfg and R&D

Total Labor Hours

(14 trades; installation and maintenance)

3,670,784

Union Labor Hours (est.)

(Estimated state union% in non-residential blue-collar construction trades = 50.7% )

271,959

Union Earnings (est.)

$7,585,134

Data Sources

Pharmaceutical and biotech industry data (projects, spending, labor hours demanded) from Industrial Information Resources (IIR). State industry employment data from the Bureau of Labor Statistics (QCEW) using the North American Industry Classification System (NAICS). State union percent in non-residential construction calculated by dividing union members in construction (unionstats.com) by blue-collar QCEW employment in nonresidential construction firms in 2019 (assumes union density equals zero in residential construction; blue-collar percentage from NAICS=23 using the BLS Occupational Employment Statistics series). Note: Pharmaceutical manufacturing industry statistics (above) do not represent the entirety of the pharmaceutical and biotech industry featured in this study. Most significantly, in addition to NAICS 325400 (“Pharmaceutical Manufacturing”), other industry jobs comprise a subset of NAICS 541700 (“Scientific R&D Services”).

Construction Labor Overview, 2019-2024

Pharmaceutical & Biotech Mfg and R&D

InstallationMaintenanceTotal
Boilermaker42,0003,48445,484
Carpenter178,79428,380207,174
Electrician1,047,46295,2571,142,719
HVAC Installers110,4881,670112,158
Instrumentation Tech632,69434,576667,270
Insulator93,2768,360101,636
Ironworker91,08427,397118,481
Laborer198,71410,664209,378
Millwright145,05931,471176,530
Operator228,8908,022236,912
Painting33,0607,91040,970
Plumber + Pipefitter436,86410,116446,980
Scaffolding75,7345,50781,242
Welder64,60219,24883,850
Total3,378,720292,0643,670,784

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