# Panaceutics to invest $5.8M in R&D facility in Ringgold, Virginia

Panaceutics, Inc. announced it will invest $5.8 million to open a high-tech research and development manufacturing facility at Cane Creek Centre Industrial Park in Pittsylvania County, Virginia, creating 70 jobs.

- Type: Expansion
- Announced: 2018-03-06
- Where: Ringgold, Pittsylvania County, Virginia, United States
- Value: $5.80M
- Jobs: 70
- Status: announced
- Products: pharmaceutical products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Panaceutics](https://endata.com/companies/30513.md)

## Sources

- [wsls.com](https://www.wsls.com/news/2018/03/06/pharmaceutical-company-to-invest-58m-create-70-jobs-in-southside/), 2018-03-06: "This is an ideal region for us, with the emphasis on building a skilled workforce to support our technology."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.