Packaging Coordinators expands Rockford facilities through capital investment
Packaging Coordinators Inc. (PCI), formerly AndersonBrecon, a leading supplier of pharmaceutical commercial packaging solutions and clinical trials services in the UK, has made further investment in its Rockford facilities in support of business growth and expansion.
The company acquired AndersonBrecon Inc. in May of this year and is adding additional equipment capacity and facilities infrastructure through capital investment, as well as hiring in support of business growth. The company also provides packaging services for pharmaceutical and healthcare products, working with leading pharmaceutical and biotech companies to bring lifesaving medicines to patients.
PCI operates nine facilities in the greater Rockford, Illinois area totalling over one million square feet and employing over 1,300 highly trained associates. PCI is owned by an entity formed by affiliates of lead investor Frazier Healthcare, a leading provider of growth equity and venture capital to high growth and emerging healthcare service and biotech companies.
PCI’s Rockford location is experiencing its fourth straight year of significant growth. The company is experiencing substantial growth in 2013, which is anticipated to continue in 2014 and beyond. In support of this growth, PCI has hired approximately 160 associates since January of 2012. Positions added include hourly, skilled labour, as well as management. In addition to hiring, the company is looking to support new business by expanding its machine capacity, warehousing, and facilities infrastructure. PCI has added multiple blister packaging and bottling lines to meet increased demand in Ethical (prescription) and Over-the-Counter pharmaceutical markets and plans additional investment in this area.
The company is also investing in support of growth markets including commercial biotech medicines and clinical (investigational) medicines. Capital investments include expansion of on-site refrigerated Cold Chain storage capacity at 2 – 8° Celsius, -20° Celsius, and -80° Celsius.
Packaging Coordinators, Inc. offers unparalleled expertise in a range of proprietary pharmaceutical and biotechnology packaging innovations for healthcare clients across all markets. PCI leads the field in providing cutting-edge, customized healthcare packaging solutions that improve patient adherence and uphold the most stringent safety requirements.