Biotechnology packaging company Instant Systems is expanding in Norfolk. The company announced Wednesday that it plans to invest more than $900,000 to purchase equipment for new product lines and training related to its packaging technology. The project will create 72 jobs and retain 26 positions, nearly tripling the size of the company’s workforce.
Founded in 2005, Instant Systems makes custom, medical-grade bags for the processing, storage, and transport of biological materials. The Virginia Economic Development Partnership (VEDP) will support the company’s new job creation and job retraining through its Virginia Jobs Investment Program (VJIP). VJIP provides consultation and funding to companies creating new jobs or experiencing technological change to support employee-training activities.
