Catalent Inc. to expand and invest $175 million in its existing operation and add a new R&D facility in Winchester of Clark County, Kentucky, creating 277 high-wage jobs for Kentuckians. Catalent Inc. partners with pharma, biotech and consumer health companies to optimize the development, launch and life-cycle supply of products for patients around the world.
“It’s always great to see existing companies expand in Kentucky, but it’s even better when that growth includes great jobs for our residents,” Gov. Beshear said. “Catalent has been an important part of the Winchester community and the creation of 277 well-paying jobs will strengthen its presence in Clark County in the years to come. Thank you to Catalent’s leadership for continuing to create excellent job opportunities in our state.”
With this investment, the existing 190,000-square-foot Winchester facility on Enterprise Drive will grow by 90,000 square feet to increase manufacturing capacity within Catalent’s oral dose division. The company also will acquire a nearly 17,000-square-foot facility on Venable Road, which will house its R&D operations. New positions created in Clark County will include, but are not limited to, scientists, manufacturing, quality assurance, maintenance and warehouse positions. Work on the project is expected to begin this year and to be completed by 2027.
Company leadership noted Clark County and the commonwealth’s strong workforce and excellent quality of life as advantages to locating the expansion at the existing Winchester operation. Currently, Catalent employs more than 650 people at the location.
“We look forward to further investing and growing in Winchester,” said Chris Rosenbaum, general manager of Catalent in Winchester. “The state of Kentucky’s talented workforce, tight-knit community and business environment provide major advantages to the future growth of Catalent.”
Catalent is a global leader in helping pharma, biotech and consumer health partners to optimize the development, launch and life-cycle supply of products for patients globally. With expertise in development sciences, delivery technologies and multimodality manufacturing, Catalent partners to produce personalized medicines, consumer health brand extensions and blockbuster drugs. Catalent helps accelerate over 1,000 partner programs and launch over 150 new products every year. Its flexible manufacturing platforms at over 50 global sites supply over 70 billion doses of nearly 7,000 products to more than 1,000 customers annually. Catalent’s expert workforce exceeds 19,000, including more than 2,500 scientists and technicians. Headquartered in Somerset, New Jersey, the company generated $4 billion in revenue in fiscal year 2021.
Currently, more than 200 health care-related technology, service and manufacturing locations operate in the commonwealth, employing over 37,000 Kentucky residents. Since the start of the Beshear administration, businesses within the sector have announced more than 2,000 new jobs throughout the state. The industry includes headquarters operations, pharmaceutical makers, medical equipment design and production, medical device manufacturers and health care product distributors.
Clark County Judge/Executive Henry Branham said Catalent is an instrumental part of the community.
“Our community of Winchester/Clark County is very pleased to work with Catalent on another expansion,” Judge Branham said. “They continually work with our local governments to increase quality of life opportunities for our citizens. They are a wonderful corporate citizen and we are fortunate to have them in our community.”
Winchester Mayor Ed Burtner noted the importance of Catalent’s continued growth.
“The community of Winchester and Clark County are pleased that Catalent has chosen to expand their operations here and thereby add many new, good-paying jobs and investment to our business and economic base,” Mayor Burtner said. “Catalent is an important corporate citizen and we value highly their investment and contributions to our community.”
Catalent’s investment and planned job creation furthers recent economic momentum in the commonwealth, as the state builds back stronger from the effects of the pandemic.
For more information on Catalent, visit Catalent.com.
A detailed community profile for Clark County can be viewed here.
Information on Kentucky’s economic development efforts and programs is available at CED.ky.gov. Fans of the Cabinet for Economic Development can also join the discussion at facebook.com/CEDkygov, on Twitter @CEDkygov, Instagram @CEDkygov and LinkedIn.
Read about other key updates, actions and information from Gov. Beshear and his administration at governor.ky.gov, kycovid19.ky.gov and the Governor’s official social media accounts Facebook, Twitterand YouTube.