Hospira to invest in $85m Rocky Mount, creating 200 jobs

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Related tags: North carolina

Hospira to invest in $85m Rocky Mount, creating 200 jobs
US Injectable drugmaker Hospira will invest $85m and create 200 new jobs at its plant in Rocky Mount, North Carolina according to the State Governor.

In a statement last week Governor Bev Perdue said Hospira plans to make the investment – which could increase to $270m over the next decade – to improve the facility in a project supported by a $645,000 grant from the One North Carolina fund.

News of the investment comes just a few months after Hospira successfully resolvedsignificant​ and long running quality problems​ at the facility that forced it to halt operations, severely impacting its contract manufacturing business.

The firm is due to speak to investors at the Morgan Stanley Global Healthcare Conference and UBS Global Life Sciences conferences in September. Outsourcing-pharma.com will listen in to update readers on the investment plans.

Related topics: Contract Manufacturing & Logistics

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