Hollister-Stier expands yet again
| April 22, 2008 |  View for printing |
With the paint barely dry on a recent $42 million expansion of its facility here, Hollister-Stier Laboratories LLC http://www.hollisterstier.com/ has started work on another multimillion-dollar project that’s expected to boost its production capability further and heat up its already-scorching growth pace.
The $20 million project will add sorely-needed capacity for the contract drug manufacturer, which continues to make strong gains in an industry characterized by technological change, intense competition, and, for some companies in recent years, double–digit percentage drops in revenue, says President and CEO Anthony Bonanzino. Hollister-Stier is hoping that the latest expansion project will help it stay ahead of the curve.
“If you’re not moving forward, you’re falling behind, because everyone is trying to move forward,” Bonanzino says.
By Emily Proffitt
Full Story: http://www.spokanejournal.com/spokan ... le&sub=3551
No reader comments so far. Be the first to comment by clicking the button below.
Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
