AMPAC Fine Chemicals is a leading company that provides ingredients for other companies such as pharmaceutical developers in the US. As a result, they are expanding one of their current locations in Right to Work Petersburg, Virginia. In order to cover the cost, they plan to invest $25 million toward the project. They also plan to create 156 new jobs. So this will be good for the economy as well!
From Area Development Magazine:
“Of our three AMPAC locations, Virginia offers an enabling environment for developing and sustaining the growth in capacity and infrastructure demanded for the pharmaceutical industry. […] Our growing relationship with the Commonwealth, VEDP, the City of Petersburg, and others, including VCU, Phlow, and Civica, is a cornerstone of our vision for American-based manufacturing of critical pharmaceutical ingredients.” […]
“This major expansion boosts the fast-growing pharmaceutical manufacturing campus in Petersburg and is a major win for the region and the Commonwealth. […] We are confident Virginia’s workforce training programs and skilled talent pipeline will ensure AMPAC’s continued success[…]”
“Our region is emerging as a pharmaceutical manufacturing cluster. We look forward to supporting AMPAC and its partner companies as they stabilize America’s essential medicine supply chain.”AREA DEVELOPMENT MAGAZINE
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