Fleda Pharmaceuticals has announced a two-phase $4 million project to build a manufacturing facility in Odessa, according to the Pasco Economic Development Council Inc.
The company expects to open its doors on Byrd Legg Drive this winter.
Fleda purchased an existing office building and a 9,600-square-foot warehouse to initiate the first phase of its plans, the Pasco EDC news release says.
It is expected to create 30 new jobs for the area.
It also plans to construct a 30,000-square-foot facility and a research lab for generic medicine, in phase two.
“Pasco EDC assisted our company with expedited permitting, site consultation, and workforce analysis,” John Wang, CEO of Fleda Pharmaceuticals, said in the release. “Gathering that information for us was a tremendous help. We have been so welcomed already by their team and Pasco County.”
The company is in the process of turning the vacant warehouse into a Good Manufacturing Practices (GMP) dietary supplement manufacturing facility where it will produce gummy vitamins.
Bill Cronin, Pasco EDC president/CEO, said Fleda’s “investment in Pasco County will help diversify our economy with high paying jobs and increasing the industrial property tax base.”
For more information on Fleda Pharmaceuticals, visit FledaUSA.com.
Published September 04, 2019