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Governor Hochul Announces Completion of $8.6 Million Expansion of Pharmaceutical Plant in Tonawanda

Governor Hochul announced the completion of the $8.6 million expansion of Pine Pharmaceuticals LLC's manufacturing plant. ....

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Governor Cuomo Announces Expansion of Pharmaceutical Plant in Tonawanda

WYSIWYG
Governor Andrew M. Cuomo today announced the expansion of Pine Pharmaceuticals LLC s manufacturing plant in the Town of Tonawanda. The drug outsourcing company - which moved to the 25,000-square-foot building at 355 Riverwalk Parkway in the Riverview Solar Technology Park in May of 2018 - will be tripling the size of the facility, due to its tremendous growth in the past two years, which has seen the company double its employment. The company is investing $8.6 million for a 50,000-square-foot addition to the existing state-of-the-art facility which will allow it to hire 40 new full-time permanent employees and retain 85 existing full-time permanent employees. Pine Pharmaceuticals is receiving $650,000 in refundable tax credits from the state s Excelsior Jobs Program. ....

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