Gerresheimer, a major German-based plastics supplier to the medical and pharmaceutical markets, plans to build a 120,000-sq-ft addition to its production site in Peachtree City, GA in the near future and another 64,000 sq. ft at a later date.
The company currently operates 20 injection molding machines in a 61,000-sq-ft building in Peachtree City that includes a Class 8 cleanroom. The tight-lipped company would not comment on its specific expansion plans, which were broadly outlined in a recent planning commission meeting. The 16-acre Gerresheimer site is next to a nature area.
Gerresheimer's Plastics Systems group, which had revenues last year of $571 million, makes products such as asthma inhalers, insulin pens, and containers for pharmaceutical and healthcare packaging. The company, which is also a major producer of formed glass products, employs 11,000 at 46 global locations. Earnings rose 11.4% last year on stable exchange rates....