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Pfizer to Invest $146 Million in Portage Expansion

Friday, September 2, 2016   (0 Comments)
Posted by: Kate Oesterle
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PORTAGE — Global pharmaceutical giant Pfizer Inc. has taken the next step in its proposed $146 million expansion to its manufacturing facility in Southwest Michigan.

The Portage City Council last week granted the drug manufacturer a $14.5 million tax abatement that the company will use for its Act-O-Vial Work Center and Building 41 North Warehouse projects, according to city documents.

Pfizer will invest approximately $105.5 million in the Act-O-Vial Work Center, which will house new freeze dryers and other automated equipment. The company will invest another $41 million in its 98,000-square-foot North Warehouse project, which it will use to store raw materials.

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