An international equipment manufacturer hopes to triple the size of its production operation in the Town of Tonawanda, in a complex $20 million to $25 million deal that involves two developers, a 20-year-old business park and a cemetery.
IMA Life North America, which makes freeze-drying machines for pharmaceutical companies to stabilize vaccines, antibiotics and other drugs, wants to more than triple its manufacturing and office space by adding a second facility about 3 miles away from its current location on Military Road.
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The Italian company is working with Montante Construction as “design-build contractor” on a proposal to construct an 80,000-square-foot production and warehouse building at the westernmost point of the Colvin Woods Business Parkย โ on about half of a 30-acre plot of land owned by Elmlawn Cemetery & Crematory, and which is being acquired first by an affiliate of Ciminelli Real Estate Corp. for $1.95 million.
“We have a higher demand from pharmaceutical companies for freeze-dryer equipment and therefore we have to satisfy the higher demand,” said Ernesto Renzi, president and director of sales for IMA Life North America. “They are quite large equipment and take up a lot of space. We have no opportunity to expand this facility to a level that would be suitable for the future.”
IMA employs about 170 in Tonawanda, but expects to grow its workforce by 10% to 20%, general manager…
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