Trade Resources Company News QPSI to Shift Its Pharmaceutical Packaging Operations Facility

QPSI to Shift Its Pharmaceutical Packaging Operations Facility

Contract packaging company in the US Quality Packaging Specialists International (QPSI) has announced plans to shift its pharmaceutical packaging operations facility from New Jersey to Lehigh County.

QPSI will move its packaging operations from a 62,000ft2 facility in Moonachie, New Jersey into an expanded 157,000ft2 facility in Lower Macungie Township and will also invest $10m to install clean rooms, purchase equipment and train its employees.

The Department of Community and Economic Development offered financial assistance to the company including a $500,000 Pennsylvania First grant, $100,000 in job training assistance, $566,000 in Job Creation Tax Credits and a $2.25m loan from the Machine and Equipment Loan Fund.

Lehigh Valley Economic Development Corporation president and CEO Don Cunningham said the investment is expected to create 283 jobs in the region.

"The Lehigh Valley's standing as a business epicenter is one of our region's great strengths," Cunningham said.

QPSI provides packaging and supply-chain solutions for companies in the pharmaceutical, personal care, confection, consumer packaged goods, and electronics industries.

 

 

Source: http://contractpackaging.packaging-business-review.com/news/qpsi-to-move-pharmaceutical-packaging-operations-to-lehigh-county-us-300812
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