Sensient Technologies Corporation (NYSE:SXT) plans to expand its pharmaceutical coating capabilities at its Color Group headquarters site in St. Louis, Missouri, in order to serve growing demand for its products.
This pharmaceutical coatings project allows Sensient to greatly expand its product offering to major pharmaceutical companies. Sensient will increase the square footage dedicated to pharmaceutical coatings by over 50% and raise its batch size significantly to accommodate larger orders.
Kenneth P. Manning, Chairman and CEO of Sensient Technologies Corporation, said, “We see an important opportunity to grow our pharmaceutical business. This latest investment in pharmaceutical coatings facilities in St. Louis will ensure that we are well-positioned to win new business. This expansion of our pharmaceutical capabilities allows us to enhance our position with state-of-the-art facilities and cutting-edge technologies.”
Source: http://www.sensient.com/