LabCorp has made a generous contribution to the Ernest A. Koury Sr. Business Center Campaign. In recognition of the gift, Elon will name the LabCorp Executive Education Suite in the Koury Business Center, which will include classrooms, a computer lab and study rooms.

Based in Burlington, N.C., LabCorp has been Elon's lead partner in establishing an executive education program. Approximately 70 LabCorp employees have participated in the program. The $9.5 million Koury Business Center is expected to open in fall 2006 and will be the new home of Elon's Martha and Spencer Love School of Business.