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Zoetis Plans $64.5 Million Investment in Kalamazoo and Portage

Thursday, June 8, 2017   (0 Comments)
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Via secondwavemedia.com

 

Zoetis, the global animal health company is expanding in the Kalamazoo area and plans to renovate its global manufacturing and supply facilities and add production capacity in the cities of Kalamazoo and Portage.

The company recently announced it plans a $64.5 million investment that is expected to create 45 jobs over the next three years and an additional 15 more jobs in year four and five.

 As a result, the company has been awarded a $500,000 Michigan Business Development Program performance-based grant with support from the Michigan Strategic Fund, the Michigan Economic Development Corporation says.

Michigan was chosen over competing sites in other locations. Southwest Michigan First has offered staff time and resources in support of the project.

"Kalamazoo is home to one of the largest and most important manufacturing sites in Zoetis’ Global Manufacturing and Supply network,” says Matthew Everhart, Vice President, Pharmaceutical and Aseptic Operations, Global Manufacturing and Supply at Zoetis. “Locating manufacturing here gives us continued access to a highly skilled and diverse workforce which is essential to managing a global animal health company. Our people provide our veterinarian and livestock farmer customers with a reliable supply of high-quality medicines for their animals and are an integral part of the community here.”

Steve Arwood, CEO of the Michigan Economic Development Corporation, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF says, “Zoetis’ decision to bolster its production of medicines here rather than in other locations demonstrates that our business climate and our state’s world-class talent make Michigan a top destination for biotech companies to locate, expand and grow new jobs.”

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