Over the next three years, Pfizer (NYSE:PFE) is planning to invest about €1.2 billion in its Puurs manufacturing facility to boost production capacity, cold storage options, and packaging processes. The expansion is expected to create about 250 additional jobs at the site. Pfizer develops, manufactures, and sells healthcare products, including innovative medicines and vaccines. Pfizer said that a portion of the investment is targeted to build an Isolator Facility Center (IFC) with a couple of production modules to increase filling capacity. Further, it seeks to construct a flexible freezer warehouse and bolster secondary packaging capacity with 16 additional cabins.
https://www.tipranks.com/news/pfizer-nysepfe-plans-e1-2b-investment-in-belgium-production-to-expand?utm_source=advfn.com&utm_medium=referral