The Michigan Employees’ Retirement System led a group that included investors from Michigan and Indiana.
“Their considerable support, in combination with the backing from many private investors in our community, is a strong indicator that we’re headed in the right direction," said Grand River Aseptic Manufacturing President Tom Ross. "This funding enables us to expand our capabilities, improve our facility and advance our customer reach, all while creating more highly technical, high-paying jobs in West Michigan. We have a great company, fantastic employees and a bright future."
The Grand Rapids-based Grand River Aseptic Manufacturing produces injectable drugs under contract for pharmaceutical companies.