Harnett County,
North Carolina

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Wednesday, June 5, 2019  |  Permalink

Pharmaceutical Manufacturer Planning $7M Investment in Harnett County

Lillington, NC- KriGen Pharmaceuticals, LLC, announced its intention to invest $7 million for a new pharmaceutical manufacturing project in Harnett County that is expected to bring more than 100 new jobs to the area over the next several years.

The India-based company will renovate an existing facility at 800 Edwards Brothers Drive, Lillington, where it will manufacture medical IV bags and liquid injectables.

“I’m excited to announce that KriGen Pharmaceuticals will establish its new manufacturing facility, the first in the United States, right here in Harnett County,” said Kenny Flowers, Assistant Secretary for Rural Economic Development with the N.C. Department of Commerce.

He called Harnett County “the perfect partner if you’re after a strategic location that’s more than prepared to support your logistical and distribution needs, a workforce that’s really ready to provide the kind of workers that you need in the pharmaceutical industry, and a quality of life that’s truly second to none.”

Flowers said Harnett County was “the best of both worlds – in close proximity to metropolitan, urban centers like Fayetteville, Raleigh and Durham, but at your core… you are rural.”

Harnett County Board of Commissioners Chairman Gordon Springle noted the date of the announcement, coming on the 75th anniversary of the pivotal D-Day invasion during World War II.

“We’re getting ready to launch something today, which is going to be great to our County,” said Springle.

Lillington Mayor Pro Tem Rupert Langdon said the announcement was a product of multiple agencies working together to achieve results that are beneficial to everyone.

“I like to refer to Lillington as a small town with big progressive plans,” said Langdon. “KriGen Pharmaceuticals is helping us fulfill one of those plans by bringing in an exciting new industry with well-paying jobs.”

The N.C. Department of Commerce has approved a $200,000 performance-based grant from the One North Carolina Fund for the project. Additionally, the Harnett County Board of Commissioners will consider approval of economic incentives during their June 17 meeting while the Town of Lillington Board of Commissioners will consider approval of economic incentives during their July 9 meeting.

As part of the incentive agreements, KriGen has committed to creating 117 full-time jobs at the manufacturing facility over a five-year period with an average annual wage of $47,479.

Dhruv Patel, CFO for KriGen Pharmaceuticals, extended his appreciation to Town, County and State officials for giving the company the opportunity to establish its North American operations in Lillington.

“It is my hope that our commerce here will bring a significant impact to the lives of its residents, stakeholders and businesses alike,” said Patel.

In addition to Harnett County, the Town of Lillington and N.C. Department of Commerce, key partners in the project include Central Carolina Community College and the N.C. Community College System, Campbell University, the Economic Development Partnership of N.C. (EDPNC), the North Carolina General Assembly and N.C. Biotechnology Center.

 
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