New Chicago-area plant for Germany's Vetter promises 300 jobs

Vetter
Vetter to build production facility in Chicago area.

Vetter, a German company that specializes in contract aseptic filling, said it will build a production facility in the Chicago suburb of Des Plaines, IL. 

It’s expected that the facility will create about 300 jobs, and the company plans to eventually build up to 1 million square feet of space on the 17-acre site that used to be home to the Salvation Army’s central territory headquarters.

Details of the agreement between the Ravensburg, Germany-based CDMO and the state’s Department of Commerce and Economic Opportunity didn’t outline specific incentives given to Vetter as part of the deal, the Chicago Tribune reported.

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Still, the state said Vetter, which already has a production operation and offices in Skokie, plans to invest $320 million in the facility. 

Vetter, which is privately held, specializes in filling syringes and vials with liquid medicines in sterile environments. One of the company's customers is AbbVie ($ABBV), the seller of arthritis fighter Humira, the world's best-selling prescription drug. In addition to AbbVie, other big pharma companies based in Chicago’s northern suburbs include Abbott ($ABT) and Baxter ($BAX).

- here’s the release
- check out the Tribune story

Related Article:
Vetter putting $100M into its production network

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