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Fresenius Kabi announces expansion in Wilson North Carolina. The expansion of its current pharmaceutical production facility in Wilson, will also include and the construction of a new manufacturing facility. The German company will enlarge its 100 employee production facility and build a new manufacturing plant. The company’s expansion project is designed to increase the thre production of generic medicines in pre-filled syringes.
Fresenius Kabi is a global health care company that specializes in medicines and technologies for infusion, transfusion and clinical nutrition. The expansion project promises to bring over 400 new jobs and more than $100 million in investment to Wilson. The company currently employs more than 100 people at the Wilson location. North Carolina government helped with the expansion with a Job Development Investment Grant. This is a 12 year grant that should grow the state's economy by an estimated $853 million. Under the terms of the grant, the company agrees to create 445 jobs over five years.
By IncSmart Staff Writer
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