Pfizer Plans Biologics Clinical Manufacturing Plant In Andover, Massachusetts
06/17/2016
“The expansion of Pfizer’s presence in Andover will provide state-of-the-art manufacturing to help bring new medicines and vaccines to the patients we serve,” said John Ludwig, Senior Vice President, BioTherapeutics Pharmaceutical Sciences in Pfizer R&D. “Andover is a crucial part of our global footprint for both clinical and commercial manufacturing, and we believe it provides an attractive location for growth in the coming years.”
Earlier this year, Andover officials approved $2.9 million in tax incentives for the Pfizer project. The town’s Board of Selectmen, Planning Board and Finance Committee all recommended the five-year Tax-Increment Financing plan.
“Pfizer’s decision to expand their campus in Andover speaks to the Commonwealth’s continued global leadership in biopharma and our administration’s support of the growing advanced manufacturing sector,” said Massachusetts’ Lieutenant Governor Karyn Polito. “We are pleased to have Pfizer operating in Andover, Boston and Cambridge and look forward to their ongoing contributions to the Massachusetts’s economy and wellbeing of our citizens.”
Project Announcements
Southeastern Timber Products Expands Ackerman, Mississippi Sawmill, Operations
02/07/2025
HII Plans Berkeley County, South Carolina, Operations
02/05/2025
South Korea-Based SPC Group Plans Burleson, Texas, Production Operations
02/05/2025
Diageo North America Plans Montgomery, Alabama, Manufacturing-Warehouse Operations
02/05/2025
Octillion Power Systems Establishes Reno, Nevada, Battery Manufacturing Operations
02/05/2025
Letica Expands Fulton County, Kentucky, Operations
02/05/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024