As part of a redevelopment and expansion plan for VSPOne Sacramento, the flagship laboratory for VSP Vision Care, the company announced earlier this week that they will build a new facility in Folsom, Calif.
With the addition of 200-250 new jobs, the nearly 80,000-square-foot facility will include close to 650 union jobs at full capacity and will have a regional economic impact of more than $70 million in output (market value of goods and services produced).
The facility further expands the company’s global and regional footprint, bringing the VSP Global companies’ overall regional employment count to nearly 2,500.
“Changes in federal health care laws as well as ongoing technological advancements in the optical industry have led to a tremendous growth cycle for VSP,” said The Sacramento Area Commerce and Trade Organization Chair Gary Bradus.
The new facility in Folsom is expected to be completed and operational by November 2014.
The expansion comes in response to current facilities reaching their maximum capacities, adding to a larger network of VSP Optics facilities located throughout the United States, including other locations in the State of California.
VSP Optics, a VSP Global company, provides a broad range of ophthalmic products and services to the VSP network of 30,000 eye doctors through VSPOne Optical Technology Centers. The company also develops and markets UNITY, its proprietary branded premium ophthalmic lenses and coatings.
