PORTSMOUTH, N.H. (AP) - Swiss contract manufacturer Lonza, one of the largest tenants at Pease International Tradeport, says it will invest about $300 million in the expansion of its bio-manufacturing plant, which could produce an additional 350 jobs.
''This is a huge investment, a huge commitment to this community and a huge success story for Pease,'' said Dave Mullen the Pease Development Authority's director of economic development. ''Lonza is already the largest employer at Pease, with 650 employees.''
The firm said the three-year project will start next month and will result in a 330,000-square-foot center expected to house ''leading edge bio-therapeutics manufacturing technologies'' as well as offices, warehouse and support systems.
Two weeks ago, Lonza announced that it had broken ground at its new biopharmaceutical manufacturing facility in Singapore, following an investment of $350 million.