Schott's Pharmaceutical Packaging business announced an expansion of both its product line & production capacity in the US. The company will add the full line of ready-to-fill syringe products to its portfolio of vials & cartridges manufactured at its existing Pharmaceutical Packaging facility in Lebanon, Penn. The company expects to add 125 new jobs to its Lebanon facility & will begin hiring this year. The expansion into the syringe market represents a $46M investment. The expansion of both the product line & US production capacity is designed to meet the accelerating demand for syringes in the N American market. Market analysis shows global demand for prefilled syringes will grow at a rate of 8-10 % a year for the next several years. Ready-to-fill syringes answer the growing market demand for speed & ease of use, while minimizing dosage errors.
