RPI Insider | Q1 2019

GRAND RIVER ASEPTIC MANUFACTURING

Grand River Aseptic Manufacturing expands to third local facility

will also be supported locally bya P.A. 198 tax abatement from the City of Grand Rapids. “Grand River Aseptic Manufacturing serves as a high-quality option for clients with a growing need for these services,” said Eric Icard, Senior Business Development Manager and project lead, “We continue to see the important role pharmaceutical manufacturing plays in the West Michigan economy, and this is a perfect example of the kind of growth opportunities this industry brings to our region.” City of Grand Rapids Managing Director of Economic Development Services, Kara Wood, is also thrilled with the company’s choice to continue expanding in the City, “Grand River Aseptic Manufacturing’s decision to develop a third facility in the City of Grand Rapids is a nod to the capabilities of our workforce, and the strong business environment that allows pharmaceutical manufacturing to thrive in our community,” said Wood. For more information on GRAM, visit grandriverasepticmfg.com .

“Since 2010, Grand River Aseptic Manufacturing has been closely linked to the Grand Rapids community,” said Thomas Ross, President and CEO, Grand River Aseptic Manufacturing, “We have been able to put together a team of highly-skilled, dedicated individuals, which has been critical tomaintaining our reputation of providing excellent quality and service to our clients. We are thankful The Right Place and their partners at the MEDC and City of Grand Rapids made it possible for us to continue growing in West Michigan.” The Right Place and the Michigan Economic Development Corporation (MEDC) worked in collaboration with GRAM to ensure continued growth in the West Michigan region. The Right Place also connected the company to workforce development resources at West Michigan Works! to assist with worker training. The MEDC is supporting the expansion effort with the approval of a $1,000,000 Michigan Business Development Program performance-based grant. The expansion

Rapidly growing pharmaceutical manufacturer, Grand River Aseptic Manufacturing, recently announced the expansion of its Grand Rapids operations. The company will be opening a third location in The City of Grand Rapids, resulting in the creation of 107 new jobs and a capital investment of $63.5 million. GRAM was founded in 2010 and purchased the assets of its predecessor company, a joint venture between the Van Andel Institute and Grand Valley State University. As a privately held company, GRAM provides high-quality, outsourced sterile parenteral manufacturing for the life sciences industry. Its services include pharmaceutical development and manufacturing, analytical testing, and regulatory filing support. After beginning with 16 employees in 2011, GRAM has grown to employ more than 100 full-time individuals in West Michigan. Commitment to quality and a growing aseptic manufacturing market have both contributed to the company’s rapid evolvement. In 2017 and 2018, GRAM was named as one of the fastest growing private companies in the U.S., and the seventh fastest growing company in Michigan by Inc. 5000.

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2018 ECONOMIC SUCCESS STORIES

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