Aphena Pharma Solutions to Invest $21 million for Expansion of its Solid Dose Division in Tennessee

Specifications:

Name:

Aphena Pharma Solutions to Invest $21 million for Expansion of its Solid Dose Division in Tennessee

Location:

Tennessee

Company:

Aphena Pharma Solutions

Estimated Cost:

$21 Million

Source:

www.aphenapharma.com

Introduction:

Aphena Pharma Solutions announces a $21 million expansion of its Solid Dose Division in Cookeville, Tennessee, with the acquisition of a 500,000-square-foot property, purpose-built for FDA manufacturing and packaging operations.

Features:

Aphena has already begun renovation to transform the property into a state-of-the-art pharmaceutical packaging and distribution facility. The renovations will be completed by Feb. 1, 2021, with an August 2020 operations start at the new facility, where Aphena’s corporate headquarters will be located.

“This new facility will make Aphena a top contender in the pharmaceutical contract service space, starting with over 12,000 pallets of cold chain storage capacity,” said Eric Allen, Aphena’s EVP of Sales. “Being able to offer turnkey packaging and distribution services for biologic products, plus expanding the current operations with newly innovated bottling and packaging lines, will continue to attract key pharmaceutical customers to the Middle Tennessee area.”

This acquisition, which will add 258,000 square feet to Aphena’s current Cookeville footprint, also represents the company’s expansion into biologics, cold chain storage and third-party logistics distribution.

The current operation expansion will allow Aphena to install 24 high-speed bottling lines and eight thermoform blister packaging lines. In addition, the 200,000-plus square feet of warehouse space provides a strong foundation for a new, third-party logistics program for current and future customers.