
Pfizer to Invest $750M for Michigan Plant Expansion
Pfizer Inc. will invest $750 million in its Kalamazoo, MI facility, expanding production and creating 300 new jobs. The investment aims to establish the facility as one of the world’s most technologically advanced and continue to ensure the uninterrupted supply of Pfizer medicines and vaccines. It builds upon Pfizer’s initial investment of $465 million in the Kalamazoo facility and a $120-million expansion announced earlier this year.
“Since 2017, Pfizer has invested $5 billion to support the ongoing growth of our manufacturing leadership in the U.S.” said Albert Bourla, chairman and CEO, Pfizer. “This expansion is part of our blueprint to grow our U.S. manufacturing base, create more manufacturing jobs and help ensure patients everywhere can get the medicines they need.”
One of Pfizer’s largest plants, the Kalamazoo facility is a global supplier of sterile injectable, liquid and semi-solid medicines, as well as active pharmaceutical ingredients, producing more than 144 products.
- ◦Development