Cook Pharmica invests $28 Million to expand its operations center in Bloomington, Indiana

Specifications:

Name:

Cook Pharmica invests $28 Million to expand its operations center in Bloomington, Indiana

Location:

Bloomington, Indiana

Company:

Cook Pharmica

Estimated Cost:

$28 Million

Source:

areadevelopment.com 

Introduction:

Cook Pharmica, a privately-held contract development and manufacturing organization serving the biopharmaceutical industry, plans to expand its operations center in Bloomington, Indiana with an investment of $28 Million.

Features:

This investment is used to renovate and equip its facility in Bloomington, which is built on the grounds of the former RCA television assembly plant. With the addition of an additional drug product line, the company will fill drug product into syringes, vials, both liquid and lyophilized, and cartridges for Cook Pharmica’s clients. Readiness activities for the new line have already begun, with plans to have the new line operating in early 2017.

Working with our partners at the Indiana Economic Development Corporation and the city of Bloomington, this expansion will continue Cook’s commitment to providing world-class biopharmaceutical manufacturing services to customers here and around the world, said Tedd Green, President of Cook Pharmica.

As an incentive, Indiana Economic Development Corporation offered Cook Pharmica, LLC up to $275,000 in conditional tax credits and up to $400,000 in training grants based on the company’s job creation plans.