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Gerresheimer invests up to $94M in US glass vial production expansion · Endata

◂ Announcements

Medical Devicesworld trade 2024+5.1% 5Y CAGR

Aug 8, 2022EXPANSIONMorganton, North Carolina, United States

Gerresheimer invests up to $94M in US glass vial production expansion

Gerresheimer AG will invest up to $94 million to expand its Morganton, North Carolina facility with new vial forming lines, increasing annual production capacity for Type 1 glass vials. The project is supported by BARDA with up to $66 million.

Value

$94.0M

Status

Announced

Productsglass vialsType 1 borosilicate vialsaluminosilicate vials

CompaniesGerresheimer Biomedical Advanced Research and Development Authority investor

Sectors#Medical Devices

“Gerresheimer AG, a leading provider of healthcare & beauty solutions and drug delivery systems for pharma, biotech and cosmetics, today announced investments to rapidly expand its manufacturing, supply and logistics capability for glass vials in the U.S.”gerresheimer.com

1 source
gerresheimer.comGerresheimer invests up to 94 million Dollar in US production facilityAug 8, 2022

Summarized from public sources; check the original articles before acting on it.

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