City OKs tax breaks for drug maker's project


Photos:


Tribune photo by Aaron Piper/ Several of Kremers Urban Pharmaceuticals' products are on display in the lobby of the Seymour facility. Kremers Urban is planning a $22 million expansion to its Seymour plant located at Freeman Field Industrial Park.


Tribune photo by Aaron Piper/ The exterior of Kremers Urban Pharmaceuticals in Seymour plans to invest in a $22 million expansion at Freeman Field Industrial Park. The project will add 20 new jobs.


City and local economic officials hope Monday’s announcement of expansion by Kremers Urban Pharmaceuticals in Seymour is a sign of good things to come in 2013.

“It’s a good way to start the year,” Jim Plump, executive director of Jackson County Industrial Development Corp., said of the drugmaker’s planned $22 million investment to add manufacturing space at its facility at 1101 C Ave. West in Freeman Field Industrial Park.

That space is needed as a result of a shift in the company’s focus from producing branded products to generic medications, Kremers controller Tom Lewis said.

“We have a lot of new products launching, some of which are slated to come out as early as later this year,” he said.

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