LANSING, Mich. (Michigan News Source) – Pharmaceutical giant Pfizer will be investing $750 million in its Kalamazoo facility, and aims to expand production and create 300 jobs.

Gov. Gretchen Whitmer, along with Pfizer executives, announced the expansion on Monday morning.

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“This expansion is part of our blueprint to grow our U.S. manufacturing base, create more manufacturing jobs, and help ensure patients everywhere can get the medicines they need,” said Pfizer Chairman and CEO Albert Bourla.

Pfizer’s Kalamazoo facility is a global supplier of sterile injectable, liquid, and semi-solid medicines, as well as active pharmaceutical ingredients. The company said it will work to advance new mRNA technology and ultra-low temperature storage.

According to a joint press release from Pfizer and the governor’s office, the operations in Kalamazoo County generate an estimated annual economic impact in west Michigan of $3 billion.