#pharmaceutical companies in chicago
German pharma company plans to hire 300 in Des Plaines
A German pharmaceutical company plans to hire hundreds of people to staff a massive new production facility in Des Plaines.
Vetter wants to purchase and demolish a former Salvation Army office campus at Algonquin and Mount Prospect roads in the north suburb, according to Des Plaines Ald. Mike Charewicz.
In its place, Vetter will construct a $320 million, 1.2 million-square-foot property, Charewicz confirmed. At least 300 people will work at the facility, but the company could eventually hire more.
Vetter will create hundreds of quality, high-skill jobs for Illinois residents, growing their presence in Illinois with lots of opportunity for future growth, Gov. Bruce Rauner said in a statement.
The development and promised jobs are both good news for the pharmaceutical sciences and manufacturing cluster in northern Illinois. Amid a merger wave in the sector, companies have sought out cost cuts, including layoffs.
Big pharma companies based in the northern suburbs include Abbott, AbbVie and Baxter.
Vetter plans to construct what the Illinois Department of Commerce and Economic Opportunity called a “production and distribution facility,” meaning jobs in manufacturing and shipping but also for chemists and other pharmaceutical experts with advanced degrees.
Representatives from Vetter could not be reached for comment today. Based in Ravensburg, Germany, the company also has an office and drug development facility in Skokie. Vetter describes itself on its website as a premier contract development and manufacturing organization, with a specific expertise in making prefilled syringe systems, cartridges and vials.
Des Plaines Mayor Matt Bogusz said Vetter chose his city “primarily because of the location and proximity to places that are important to their business.”
Few details about incentives the company may seek to help finance the project were available today, though Vetter likely will seek a Cook County property tax incentive, according to Des Plaines City Manager Michael Bartholomew.
Bartholomew said Vetter will present the project at a community meeting and then discuss it before a planning/zoning board. Should the board approve the development, the full city council would then consider and vote on the project.
A spokeswoman for the Department of Commerce and Economic Opportunity did not respond to messages seeking comment about a potential incentive package.
The Journal & Topics newspaper first reported Vetter’s plans.