Nexus Pharmaceuticals building $250M manufacturing facility in Pleasant Prairie

Nexus Pharmaceuticals building $250 million manufacturing facility in Pleasant Prairie

Earlier this month, Wisconsin Gov. Tony Evers joined with the owners of Nexus Pharmaceuticals, Inc., Kenosha County Executive Jim Kreuser , Village of Pleasant Prairie Board President John Steinbrink , Kenosha Area Business Alliance President Todd Battle , and Milwaukee 7 regional economic development officials to announce that Nexus has selected Pleasant Prairie as the location for its first sterile drug manufacturing facility.

Nexus Pharmaceuticals is a woman-owned, privately held pharmaceutical company based in Lincolnshire, Ill., that produces specialty and generic injectable drugs relied upon by hospitals across the U.S. The multi-phase project is expected to be completed within ten years, with an estimated total investment of $250 million.

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"This is one of the most significant pharmaceutical investments in Wisconsin in years," Gov. Evers said. "Southeast Wisconsin is increasingly becoming a destination of choice for high-value manufacturing jobs that require a skilled, educated workforce."

The Wisconsin Economic Development Corp. is supporting the project by authorizing up to $1.5 million in state income tax credits over the next four years. The actual amount of tax credits Nexus will receive is contingent upon the number of jobs created and the amount of capital investment during that period. The Milwaukee 7 economic development organization also worked to attract Nexus to the region.

"We're delighted that Nexus has chosen southeastern Wisconsin for this significant investment," said Gale Klappa , co-chair of Milwaukee 7 and executive chairman of WEC Energy Group. "Nexus brings the high-value job opportunities that our region seeks and can capably support. The company's decision to invest here highlights - once again - our success in attracting companies that require skilled knowledge workers."

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