Perrigo Grows Allegan Plants
ALLEGAN — Perrigo Co. plans to invest $10.5 million to expand facilities at its Allegan headquarters, a move that will generate 400 jobs over the next five years, add operations and training space, and set the stage for future growth.
“In these tough economic times, Perrigo continues to help the consumer by providing quality, affordable health care products,” said Joseph C. Papa, Perrigo’s president, chairman and CEO. “We see many new opportunities to further reduce consumer health care costs. Many brand products’ exclusivity rights will expire soon, and this will allow us to develop additional high-quality, store-brand versions at an affordable price.”
The expansion is supported by state tax credits valued at $8.4 million over the next 12 years. In addition, the city of Allegan anticipates approval of real and personal property tax abatements with an estimated value of $1.4 million.