Pharmaceutical company to add 400 jobs in North Carolina | Health, Medicine and Fitness
CHARLOTTE, North Carolina (AP) — An over-the-counter pharmaceutical company is expanding its facilities in North Carolina and creating nearly 400 jobs, officials said Thursday.
Media reports that BestCo LLC is investing an additional $177 million to expand its Mooresville facility, according to an announcement from the Iredell County Economic Development Corporation and state officials.
The investment, designed to increase the company’s production capacity, will create 394 jobs with an average salary of $51,209, slightly above the Iredell County average.
Mooresville-based BestCo develops and manufactures over-the-counter medications, vitamins and dietary supplements.
The company is moving into an existing 215,000 square foot manufacturing building north of Charlotte and constructing a new facility on the same site.
BestCo invested around $50 million in an expansion in 2019. At the time, the company had around 500 employees. When the last expansion is completed, this number will double.
People also read…
The company’s customers include private label retailers in the food, drugstore and mass retail sectors, as well as global branded consumer goods companies. The Mooresville project will add production and packaging capacity to its current operations, with a focus on its line of gummy products.
For additional copyright information, see the distributor of this article, The Charlotte Observer.