NewsLocal News

Actions

Drug company to build new plant in Pleasant Prairie

Posted: 4:08 PM, Jul 10, 2019
Updated: 2019-07-10 17:08:19-04
governor tony evers drug manufacturing plant

MADISON (AP) — Gov. Tony Evers says an Illinois pharmaceutical company plans to build a drug manufacturing plant in southeast Wisconsin.

Evers announced Wednesday that Lincolnshire-based Nexus Pharmaceuticals Inc. plans to build the $250 million, 100,000-square-foot facility in Pleasant Prairie.

Construction is expected to begin in August, with production starting in 2022. The company expects to hire 77 workers at an average salary of $70,000.

Evers said the Wisconsin Economic Development Corporation has authorized up to $1.5 million in state income tax credits over the next four years for the company contingent on the number of jobs actually created and the amount of capital investment during that period.

The plant will produce drugs used across an array of areas, including anesthesia, oncology, cardiovascular and neurology.