Capsugel announces $15 million expansion in Greenwood
January 15, 2010
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The South Carolina Department of Commerce and the Greenwood Partnership Alliance today announced that Capsugel, a global leader in capsule manufacturing and liquid drug delivery products and services, will expand its operations in Greenwood County. The $15 million investment is expected to create 50 new jobs.
Ron Millender, Vice President and General Manager of the Americas Region for Capsugel added, “the market demand for delivery of pharmaceutical and health food supplement solutions in a liquid capsule form has expanded significantly over the last five years. Capsugel’s proprietary development services have driven the need to add manufacturing capabilities in order to satisfy market demand. We are excited to be able to add the additional capability of pharmaceutical manufacturing to our Licaps Drug Delivery System line here in Greenwood.”
Capsugel currently employs over 700 colleagues at its Greenwood facility. The company is planning a 14,500 square foot expansion to its Emerald Road facility that will create additional office, lab, and production space. It is scheduled to be completed by January, 2011.
“Capsugel is a world-class company and an important part of South Carolina’s biotechnology sector. Their continued growth in South Carolina is a positive reflection of our state’s skilled workforce and an indication that we have established an environment in which businesses can be highly competitive and succeed. We congratulate Capsugel on their expansion and wish them continued success in their endeavors,” said Joe Taylor, Secretary of Commerce.
“We congratulate Capsugel on its success in Greenwood County and look forward to continued growth,” said Mark Warner, CEO of Greenwood Partnership Alliance. “I believe an expansion announcement in this kind of economy is a real testament that the quality of our workforce and our business-friendly climate is right for Capsugel.”
Robbie Templeton, Greenwood County Council Chairman added, “economic development is a team effort on a local and state level. This is a great example of what happens when the South Carolina Department of Commerce, Duke Energy, Greenwood County Council and the Greenwood Partnership Alliance work together. We especially want to thank Capsugel for their success and commitment to our community.”
Capsugel, a division of Pfizer Inc. with over 2,800 colleagues and ten manufacturing facilities around the world, is a global leader in innovative dosage forms and solutions for the healthcare industry. Offering a comprehensive array of products and services, from hard gelatin, softgel, and vegetarian capsules, to innovative R&D equipment and liquid formulations as part of its Licaps® Drug Delivery System, Capsugel is at the forefront of drug delivery innovation providing support to customers from formulation to final production. For more information about Capsugel, visit www.capsugel.com.
SC Industry Appreciaton Week
January 6, 2010
SC Industry Appreciation Week: January 25-29, 2010
“South Carolina. Where Business Works.”
The week of January 25-29, 2010 will mark the State’s 19th annual observance of South Carolina Industry Appreciation Week. Industry Appreciation Week is an opportunity to say “thank you” to area companies for their many contributions to our communities, as well as a chance to build awareness among the citizens of South Carolina that existing business is a fundamental driver of both the local and State economy.
Eaton donation supports new science and technology magnet school
January 6, 2010
C/O Gwdtoday
Christmas came early for the Greenwood School District 50’s start-up Science, Technology, Engineering and Math School (STEMS) magnet program, who received a gift of $10,000 from diversified industrial manufacturer Eaton Corporation for the district’s curriculum enrichment efforts.
“We’re excited to support the STEMS program,” said John Thompson, plant manager of Eaton’s Greenwood, South Carolina hydraulics facility. “Our hope is that this contribution will enable the delivery of specialized, cutting edge math and science educational opportunities to our community’s students.”
“On behalf of Greenwood School District 50 and the students enrolled in the STEMS Magnet Program, I would like to thank Eaton Corporation and especially local management for stepping up and giving the first major donation to this new program,” said Cathy Chalmers, coordinator of the District 50 Magnet School Program. “Their gift will benefit the Greenwood community for years to come. Eaton’s leadership donation is encouraging as we build the foundation of this important magnet program.”
STEMS, in its inaugural year, is currently available to Greenwood School District 50 sixth graders. The magnet school offers students the opportunity to develop and refine their academic skills in an environment that enhances students’ scientific and mathematical abilities. In the future, STEMS will be offered to seventh and eighth graders as a phase up model.
Eaton’s hydraulics plant has 100 employees and manufactures hydraulic pumps and motors. Eaton’s electrical plants have more than 700 employees and manufacture medium voltage switchgear, switches, and low and medium-voltage bus duct and network protectors.
Eaton Corporation is a diversified power management company with 2008 sales of $15.4 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.
