Callan JMB to Break Ground on IV Bag Manufacturing Facility Fully Funded by Non-Dilutive and Non-Interest-Bearing Third-Party Partnership
Callan JMB said it plans to break ground on an IV bag manufacturing and distribution facility at its Atlas Complex in Marion, Alabama. The $16 million project will be funded by a third party through a non-dilutive, non-interest-bearing partnership.
Why it matters — The project advances the company’s pharmaceutical manufacturing strategy and adds planned IV bag production capacity to its operations.