Governor Cooper says expansion of local pharmaceutical company to create 394 new jobs in Iredel County

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RALEIGH, NC – Pharmaceutical company BestCo LLC is expanding its capacity in Iredel County, creating 394 new jobs, Gov. Cooper announced Thursday.

Officials say that although salaries will vary depending on the position, the average salary for all new jobs will be $ 51,209.

The company is investing $ 177 million in increasing production capacity in Moorsville.

“North Carolina is one of the best places in the world for pharmaceuticals, and innovative manufacturers like BestCo are helping us keep it there,” Governor Cooper said. “Life science companies are counting on the education and training systems we have built for their specific needs, and we will continue to invest in workers who provide this important industry in our state.”

BestCo is known for developing, manufacturing and packaging over-the-counter medicines and supplements in a wide range of enjoyable dosage forms.

BestCo’s customers are retailers of private labels in food, pharmacy and mass retail channels, as well as branded global consumer goods companies.

“There’s a good chance that if you open a first aid kit at home, a product made by BestCo will be right on the shelf,” said North Carolina Secretary of Commerce Michelle Baker Sanders. “We are excited to support the expansion of the company from North Carolina, which is already doing well in our state, and with the state’s continued commitment to workforce development, we are confident ahead of this company and the state’s pharmaceutical industry as a whole. ”

The company’s Moorsville project will add both production and packaging capacity to its ongoing operations, with a focus on its adhesive product line.

BestCo President and Chief Operating Officer Tim Condron says: “BestCo is part of a dynamic community that is constantly appreciating and investing in a fast-growing business. Ongoing support and partnerships from state, county and city governments have contributed to BestCo’s rapid growth and success in the region in recent years. ”



Governor Cooper says expansion of local pharmaceutical company to create 394 new jobs in Iredel County

Source link Governor Cooper says expansion of local pharmaceutical company to create 394 new jobs in Iredel County