Cambrex is not only expanding in Charles City, they’re also branching into Minnesota.
Thursday, Cambrex issued a press release officially announcing their $6.5 million investment in a multi-phase, 9,000-square-foot expansion, plus 21,000-square-foot renovation in Charles City.The expansion project will add a new quality control laboratory and administrative office space, while creating 40 new jobs. Renovations will enhance and modernize the existing quality control and research and development facilities.
The Iowa Economic Development Authority (IEDA) has awarded the company tax benefits and $300,000 in direct financial assistance to support the expansion through the High Quality Jobs (HQJ) program.
This latest Cambrex investment follows an earlier $50 million expansion in Charles City that was completed in the first quarter of 2022.
Cambrex has also announced they will build a new, 21,000-square-foot research and development facility near the Minneapolis–St. Paul Airport that will operate as an extension of Cambrex’s flagship facility in Charles City. The company is expected to add about 40 new jobs over the next 2-3 years at the new site in Minneapolis.
