Johnson & Johnson set to announce jobs in RI

(AP Photo/Matt Rourke, File)

PROVIDENCE, R.I. (WPRI) – Gov. Gina Raimondo appears set to announce another major company adding jobs in Rhode Island, judging by a terse news advisory her office issued Friday.

Raimondo will hold a news conference at the Providence Public Library on Monday morning to make an announcement about economic development involving Johnson & Johnson, the Fortune 100 health products company, her schedule shows.

The governor’s office declined to offer further details late Friday.

Johnson & Johnson is based in New Jersey and posted $70 billion in sales last year. Its consumer division currently has an office in Cumberland that works with Woonsocket-based CVS Health, a major seller of the company’s products, which include Band-Aids, Tylenol and Listerine.

A new Rhode Island commitment by Johnson & Johnson would be the third significant economic-development news of the month announced by Raimondo, who has been using tax breaks and other state incentives to aggressively promote the growth of Rhode Island’s tech sector.

On Monday, her administration reached a deal for Wexford Science & Technology to build a new innovation campus on the old I-195 highway land, anchored by Brown University and the Cambridge Innovation Center. On Thursday, she announced Virgin Pulse will add nearly 300 jobs in Providence. Earlier this year General Electric also decided to put a new digital office in downtown Providence.

Ted Nesi (tnesi@wpri.com) covers politics and the economy for WPRI.com. He writes Nesi’s Notes on Saturdays and hosts Executive Suite. Follow him on Twitter, Facebook and Instagram