28 May Hospira Announces Expansion in McPherson
Hospira announces investment in McPherson facility
Hospira Inc. (NYSE: HSP), the world’s leading provider of injectable drugs and infusion technologies, today announced an investment in its McPherson, Kansas, facility that will result in 150 jobs and $120 million in capital improvements at the site during the next five years.
“Hospira’s investment in McPherson is good news for the community and the Kansas economy,” said Gov. Sam Brownback. “Kansas has built a strong pro-growth business environment that supports the hard work of companies such as Hospira.”
“Our operations in McPherson are critical to ensuring that Hospira continues to supply high-quality, more affordable medicines to patients who need them,” said Andrew Knudten, vice president, McPherson Operations, Hospira. “This investment enables us to support a sustainable output of important injectable medications and advance growth opportunities at the plant and in our community. It is also a testament to the dedication of our McPherson employees, the commitment of the community and the appreciated support from the state of Kansas.”
As part of the McPherson investment, Hospira will be completing capital improvement and modernization projects, including expanding capacity, adding automated visual inspection systems and installing additional production lines at the facility.
About Hospira’s McPherson Facility
Hospira has a strong heritage in McPherson that dates back to 1977. The McPherson plant has approximately 1,400 employees and produces generic injectable and biologic medicines using advanced manufacturing technology, including lyophilization, isolator filling lines and state-of-the-art aseptic filling processes. The McPherson team provides medications in multiple delivery systems, including glass vials, ampoules, syringes and cartridges, and makes products for One 2 One, Hospira’s industry-leading pharmaceutical contract manufacturing business.
About Hospira
Hospira Inc. is the world’s leading provider of injectable drugs and infusion technologies, and a global leader in biosimilars. Through its broad, integrated portfolio, Hospira is uniquely positioned to Advance Wellness by improving patient and caregiver safety while reducing healthcare costs. The company is headquartered in Lake Forest, Ill., and has approximately 17,000 employees. Learn more at www.hospira.com.