Sterigenics International To Triple Capacity At West Memphis Facility With $15 Million Expansion
A medical company announced plans for a $15 million expansion to its facility in West Memphis, company officials said Thursday.
Officials with Sterigenics International LLC, a global provider of contract sterilization, gamma technologies and medical isotopes, and a portfolio company of privately-held Warburg Pincus and GTCR, said the expansion to the facility will triple their gamma sterilization capacity.
Company officials said the expansion will help meet expectations.
“As the demand for medical devices grows globally, our customers can be assured that we will add sterilization capacity to meet their needs,” said Michael Mulhern, CEO of Sterigenics International. “The expansion at West Memphis is just one more example of our ongoing commitment to customers.”
“Our West Memphis location is experiencing increasing demand for sterilization services,” said Philip Macnabb, President of Sterigenics International LLC. “Given the importance of Memphis as a major U.S. logistics hub, it is a critical piece of our global network that we will continue to build upon and expand in order to best serve customers.”
The facility, which opened in 1999, currently offers 2.5 million cubic feet of gamma sterilization capacity. The installation of a new gamma cell will triple capacity to 7.5 million cubic feet and upon completion in early 2017, will result in approximately 20 additional jobs at full capacity.
Sterigenics International LLC, along with its affiliates, offers outsourced contract sterilization services, gamma technologies and medical isotopes, and is the only vertically-integrated sterilization company in the world.
Operating out of 47 facilities in 13 countries across the Americas, Europe and Asia, Sterigenics provides contract sterilization and ionization services for the medical device, pharmaceutical, food safety, and high-performance materials industries.
Sterigenics International LLC and its affiliates serve more than 2,500 customers around the world and is owned by private equity firms Warburg Pincus and GTCR.