HOLLAND, MI — Pharmaceutical company Perrigo is building a 66,000 square foot warehouse expansion at its Holland Township campus, an investment valued at $13.6 million.
The project was announced Friday by Lakeshore Advantage, an economic development organization that assists employers with growth opportunities in Ottawa and Allegan counties.
Perrigo, the store-brand pharmaceutical maker that was founded in Allegan but is now headquartered in Dublin, says construction started in April and is expected to be completed by May. As part of the project, the company received a 12-year industrial facilities tax exemption from Holland Township. The exemption cuts the building’s property tax bill in half.
Sarah Barwacz, a spokesperson for Perrigo, said the expansion is needed to “accommodate high product demand in the Holland production facility which manufactures some of our consumer over-the-counter products.”
Lakeshore Advantage officials say they’re pleased Perrigo is investing in its Holland Township campus.
“Perrigo’s investment is a testament to the strength and ingenuity of our region’s manufacturing workforce,” Jennifer Owens, President of Lakeshore Advantage, said in a statement. “We are grateful to have this significant investment by global business leader and outstanding employer, Perrigo, in West Michigan.”
Barwacz said the project will result in job growth. But as of now, company officials do not have projections for how many positions will be created, she said.
Perrigo employs more than 3,000 people in West Michigan.
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