Ranking within the top of their industry and with the need to produce more than ever, Pharmavite invests in Opelika facility to further their reach. Keep reading to learn more about this development.
New investment in Pharmavite Opelika
Pharmavite Opelika has been open for about 11 years, and the company is still investing in this facility. More specifically, Pharmavite invests in Opelika facility with a $12 million investment to once again support the Opelika Industrial Park.
When opening in 2013, Pharmavite created 280 new jobs—and since then they have had multiple expansions, increased their job numbers to more than 600 and have now invested more than $170 million.
For instance, in November 2023, the Opelika City Council approved a series of tax reductions and exemptions ahead of a $3.3 million investment in additional manufacturing machinery for the facility. Now, another expansion is underway.
About Pharmavite
Pharmavite’s main mission is to help people live healthier lives as one of the nation’s largest vitamins, minerals and other dietary supplement manufacturers. Their product line includes Nature Made, MegaFood, Equelle, Uqora and Bonafide, to name a few.
The Los Angeles-based company, owned by Otsuka Pharmaceutical, has been a great partner for our community. The Opelika facility was the first plant built outside of California and it’s flourished ever since.
Location
Pharmavite’s 300,000-square-foot facility, where they work to “bring the gift of health to life,” is located at 4701 Northpark Drive in the Opelika Northeast Industrial Park.
Summary
As Pharmavite invests in Opelika facility and the booming local economic industry, more people are looking to explore opportunities in our town. If you are new to the area or looking to make a move, contact Ryan Roberts for all of your real estate needs!
And continue reading our blogs for more local news, events and industry updates.