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![]() Georgia Acquisition Makes Healthcare Company a World Leader September 28, 2005
- Pharma Tech Industries (PTI) has acquired a manufacturing facility
in Royston, Georgia from the Johnson & Johnson Consumer Companies,
Inc. With the acquisition of the Royston facility, Pharma Tech, already
the nation's leading manufacturer of topical powders, will be the top
producer worldwide. As a part of the transaction, PTI will be a third-party
manufacturer to Johnson & Johnson Consumer Companies, Inc. for a
variety of consumer-based products, utilizing approximately 160,000
square feet of the 260,000-square-foot facility. The company hopes to
market the remaining capacity to other clients needing pharmaceutical
manufacturing capacity and experienced oversight for their proprietary
processes, which are ear-marked for outsourcing. |