Pfizer had a ribbon cutting for its new Building 541 a few days ago in Portage. This new warehouse is massive. At about 98,500 SF, and probably about 40 ft high, that's about 4,000,000 cubic feet of building volume. Now imagine it filled to the ceiling with medicine. This represents the completion of just one stage of a massive multi-phase investment in the company's largest manufacturing facility in the world. Meanwhile, work continues on an adjacent 10,000 SF remodel for the facility's asceptic processing center, which will be used for production of Act-O-Vials - small devices used to quickly inject patients in life-saving situations.
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Pfizer warehouse part of $147M investment in Portage
Al Jones | MLive
February 14, 2018
PORTAGE, MI -- The world's largest pharmaceutical manufacturing plant is now 98,500 square feet larger. And that expansion -- the most visible part of an ongoing $147 million investment by Pfizer Inc. -- is a very good thing for Portage and Kalamazoo County, local leaders say. "It's important because it shows us long-term that Pfizer plans to be here for a long time," said Portage Mayor Patricia Randall...
Source: Mlive
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As Pfizer invests in Portage, we'll see what happens with another local pharmaceutical-related company, MPI Research, which just announced that it will be purchased by MA-based Charles River Laboratories for a cool $800 million. MPI does contract research for pharmaceutical companies, biotech firms, and others. With about 1,600 employees, it is among the largest employers in the area.
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MPI Research in Mattawan to be purchased in $800M deal
Al Jones | MLive
February 14, 2018
MATTAWAN, MI - Charles River Laboratories is buying Mattawan-based drug- and compound-testing company MPI Research for $800 million in cash. Charles River, a scientific research company based in Wilmington, Mass., announced Tuesday, Feb. 13, that it has entered a definitive agreement to acquire MPI Research. The deal is expected to close in the second quarter of 2018, subject to regulatory approvals...
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