A custom manufacturer for the pharmaceutical and biotech industry.
The Beginning of a Biotech Boom
Lonza Biologics is a custom manufacturer for the pharmaceutical and biotech industry. Lonza has more than 100 sites and offices worldwide with approximately 14,500 full-time employees and is recognized as one of the world’s leading suppliers to the pharmaceutical, biotech, and specialty markets.
The BFA has provided approximately $180,000,000 in tax-exempt financing to support Lonza’s growth throughout the years. This bonding program provides Lonza with low-cost financing, uses no taxpayer funds, and has helped lead to the development of their 43-acre parcel campus. Recent developments include three new buildings totaling approximately 1 million square feet.
This partnership is the result of the collaboration of efforts between the governor’s office, Department of Business and Economic Affairs, and many state and local partners including the Department of Environmental Services, the BFA, city of Portsmouth, and Pease Development Authority, which worked together to pitch New Hampshire as a prime location for Lonza’s expansion plans.
Lonza’s recent expansions have meant the addition of up to 1,000 high-paying jobs in New Hampshire.