NEWS AND VIEWS FROM THE PHARMACEUTICAL FINE CHEMICAL AND CUSTOM MANUFACTURING SECTOR

Tuesday 8 June 2010

Ash Stevens to expand capacity

Ash Stevens will invest $20m to expand its API production capabilities in Riverview, MI, over the next five years. CEO Stephen Munk believes this will expand production by 50-80% and allow the company to hire another 50 workers. In the first phase Ash Stevens will add a 1000m3, $3.5m warehouse, which will be completed by October. The second phase of the project, which will start in 2011, will replace a 3400L reactor bay with a 8500L reactor bay with 1900L, 2800L-gallon and 3800L vessels.
Crain's Detroit

No comments: