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Lonza to invest $46M in Greenwood expansion

Staff Report //May 2, 2018//

Lonza to invest $46M in Greenwood expansion

Staff Report //May 2, 2018//

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Lonza is investing $46 million over the next five years in an expansion of its operations in Greenwood that will generate 30 new jobs, according to the S.C. Department of Commerce.

Located at 535 North Emerald Road in Greenwood, Lonza produces empty capsules and finished dosage forms for the global biopharma and consumer health and nutrition markets. To expand, the company is adding approximately 50,000 square feet of new manufacturing space, according to a news release. Construction is expected to be finished in the second quarter of 2019.

"Lonza is making a significant investment in our operations in Greenwood, further demonstrating our commitment to providing high-quality products and services to our customers worldwide,” said Sven Abend, Lonza Specialty Ingredients COO, in the release. “Greenwood County is rich with talented, skilled individuals who will enhance our global and regional footprint, particularly in the area of consumer health and nutrition."

The Coordinating Council for Economic Development approved job development credits, as well as a $300,000 Set Aside grant to Greenwood County to assist with the costs of site work and infrastructure improvements.

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