Friday, January 11, 2008

After a Decade of Bad News Regarding Pittsburgh Area Manufacturing Jobs, Medrad, Inc. Offers Up 500 New Jobs over the Next Five Years

At the ribbon cutting ceremony for Medrad’s new manufacturing facility located on the former site of a U.S. Steel sintering plant in Victory Road Business Park, a state Keystone Opportunity Zone, which grants job-creating companies lower business taxes, located in Clinton Township, Butler County, Pennsylvania, Governor Ed Rendell Said “Medrad will create at least 500 jobs at its new $44.7 million, 120,000-square-foot plant, The plant's 20-acre site is in the Victory Road Business Park which will produce disposable syringes and specialty tubing used in medical imaging procedures. This is an exciting day and an important win for the commonwealth. The company conducted a worldwide search for a location for this plant and the 500 skilled manufacturing jobs it will generate. By choosing Pennsylvania, MEDRAD is sending an important message about the strength of our economy and the quality of our workforce”.

In June 2006, Governor Rendell announced a $4.4 million state investment package to help MEDRAD build its new disposables plant on the former 20-acre U.S. Steel site in the Victory Road Business Park in Clinton Township.

Medrad President and CEO John Friel said “The Saxonburg facility went from groundbreaking to start-up in just 10 months and is critical to meeting the demand for imaging procedures that enable earlier, more accurate, diagnosis and improved treatment. It provides us with needed additional plant capacity in the short term and its phased growth design gives us the capacity to add production lines in the future".

Victory Road Business Park is also home to an Aldi Foods distribution center, R.A.M. Transit Lines, an over the road trucking firm and Castcon Stone, a wholly woman owned precast concrete manufacturer.

MEDRAD is an affiliate of
Bayer AG.

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