Company Name: Pharmavite LLC
Location: New Albany
Site Region: Central
Country of Origin:
- Country: USA
Industry Sector: Healthcare
Company Profile: Pharmavite is a pioneer in the health and wellness industry, earning the trust of consumers, healthcare professionals, and retailers by developing innovative vitamin and supplement solutions backed by science that adhere to strict manufacturing practices. Through its Nature Made®, EQUELLE®, MegaFood ®, Nurish by Nature Made® and Uqora brands, Pharmavite is dedicated to helping people live healthier, more vital lives. Based in California, Pharmavite is a subsidiary of Otsuka Pharmaceutical Co., Ltd.
Project Summary:
Type of Project: New Location
Jobs:
- Jobs committed: 225
- Jobs retained: 0
Capital Investment: $200,000,000
Timetable: Production is expected to start by Q2 of 2024 and reach full production later that year.
Company Need:
Pharmavite needed to make a new greenfield investment for an approximately 200,000- 250,000-square-foot manufacturing facility in the initial phase with 225 full-time employees on the jobs within five years of commencing operation.
Testimonial:
Why Ohio?
From medical breakthroughs to cutting-edge technology, the Columbus Region is home to one of the most dynamic healthcare and life science industries in the country. In the last five years, the Columbus Region has granted over 8,700 degrees in biology, biomedical science, chemistry and pharmacy, and The Ohio State University ranks in the top 10 nationally in Biological and Biomedical Science Ph.D. completions – all contributing to a highly educated and prepared talent pool. New Albany is located in Franklin County, which is home to an estimated 1,316,756 residents.
Collaborators:
JobsOhio, One Columbus, The Ohio Department of Development, City of New Albany