Ellie Diagnostics plans to open new Louisville laboratory

As businesses continue to create new job opportunities in Kentucky, Governor Andy Beshear today congratulated Ellie Diagnostics LLC, a Texas-based provider of full-service veterinary diagnostic and wellness services, on plans to open its first location in Kentucky. Kentucky, which will serve as a national hub for the company and further spur job growth for the state with up to 100 full-time jobs.

“I’d like to welcome Ellie Diagnostics to Kentucky and thank the company’s leaders for creating quality job opportunities for residents of the Louisville area,” Governor Beshear said. “Companies continue to recognize the many advantages of locating in the Commonwealth, including our ideal geographic location, strong logistics and distribution presence, talented workforce and low cost of doing business. Congratulations to the Louisville community for getting another great company. I look forward to seeing Ellie Diagnostics grow in our state.”

Jobs associated with the new Ellie Diagnostics location will include licensed veterinary technicians, laboratory technicians and medical transcriptionists. The company’s new location will make use of the world’s largest UPS air hub in Louisville, local couriers and other national logistics providers to deliver overnight lab results to veterinary clinics across the country. Company leaders expect work on the project to begin this month and be completed by the first quarter of 2022.

“We are delighted to expand our operations in the great city of Louisville,” said Mark DeCourcy, founder and CEO of Ellie Diagnostics. “Our new advanced lab will deliver even faster turnaround times on precision lab results and further enhance the diagnostic experience for veterinarians in the US.”

Headquartered in Dallas, Texas, Ellie provides high-quality laboratory services to veterinarians in more than 40 states. Services include comprehensive tests, such as chemistry, hematology, parasitology, coagulation, microbiology, cytology, histopathology, endocrinology, and serology. They also include an online portal for test results and supplies, personalized customer service, and an industry-leading Wellie Report to help pet owners easily understand their pet’s wellness status.

Ellie’s new national center will take advantage of Kentucky’s strong logistics and distribution presence, which includes approximately 590 facilities employing nearly 80,000 people statewide.

Louisville Mayor Greg Fischer said the company will be a perfect fit for Jefferson County.

“We are pleased to welcome Ellie Diagnostics to a growing list of medical companies that are leveraging Louisville’s unique value proposition as an international hub and logistics hub for rapid response laboratory services and bringing high-paying jobs in this field. growing in our city. ”, Mayor Fischer said. “Here, they can submit and test samples from one place, ensuring veterinarians and pet owners can quickly get the information they need to ensure the health of their beloved family member.”

Ellie’s investment and planned job creation further the recent economic momentum in the Commonwealth, as the state recovers stronger from the effects of the COVID-19 pandemic.

In January alone, new and expanding private sector businesses in Kentucky announced projects totaling nearly $670 million in new investment and more than 1,400 jobs.

Governor Beshear recently announced that on January 28, S&P Global Ratings revised Kentucky’s financial outlook from stable to positive and affirmed its “A-” credit rating. S&P cited a reduced reliance on lump sums to balance the budget and a higher balance in the state’s emergency fund as main factors influencing the change.

That follows a 2021 during which the Commonwealth broke every record for economic development on the books. The private sector expansion and new location announcements included a record total planned investment and commitments of $11.2 billion to create more than 18,000 full-time jobs in the coming years. Kentucky’s average incentivized hourly wage for projects statewide in 2021 was $24 before benefits, an increase of 9.4% from the prior year.

In September, Governor Beshear, Ford Motor Co. CEO Bill Ford, CEO Jim Farley, and Dong-Seob Jee, president of SK Innovation’s battery business, announced the largest economic development project in Commonwealth history, celebrating a transformative $5.8 billion investment that will create 5,000 jobs and put Kentucky at the forefront of the future of the auto industry.

Kentucky also saw an unprecedented budget surplus in fiscal year 2021 and enters 2022 an estimated $1.9 billion more than budgeted.

Additionally, Kentucky recently ranked seventh overall in Site Selection magazine’s annual business climate rankings. The Commonwealth ranked third nationally in the 2020 projects per capita ranking and fifth in the 2021 Prosperity Cup ranking, positioning the state among the national leaders in business climate.

To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved an incentive agreement with the company under the Kentucky Business Investment program in December.

By meeting its annual goals over the term of the agreement, the business may be eligible to keep a portion of the new tax revenue it generates. The company can claim eligible incentives against its income tax liability and/or salary settlements.

Additionally, Ellie may receive resources from Kentucky workforce service providers. These include free job recruitment and placement services, reduced-cost personalized training, and job training incentives.

For more information about Ellie Diagnostics, visit EllieDiagnostics.com.

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