Danish manufacturing firm breaks ground in Peachtree City; 200 new jobs expected

By The Citizen -August 22, 2023

Meditec groundbreaking in Georgia

SP Meditec recently broke ground on a 120,000 square foot, state-of-the-art manufacturing facility that is expected to create 200 new jobs in Peachtree City.

The plant, which will be located off Georgia State Route 74, is scheduled to begin operations in August 2024.

Several factors played into SP Meditec’s selection of Peachtree City for their company’s US expansion. Peter Fejfer, Managing Director for the Denmark-based business, cited the south metro Atlanta community’s proximity to the world’s busiest airport, skilled workforce, and strategic location as reasons behind the decision.

“We aim to tap into Peachtree City’s talented pool of professionals and contribute to the local economy,” Fejfer stated.

SP Meditec develops, manufactures, and assembles plastic solutions for the healthcare industry. Their Peachtree City expansion marks a significant milestone in the company’s strategy and commitment to meeting the growing demand for high-quality injection molded parts worldwide.

“I’m excited to welcome SP Meditec to Peachtree City,” Mayor Kim Learnard said. “This major investment in our city not only underscores our dedication to fostering smart growth and innovation, but also solidifies Peachtree City’s position as a hub for cutting-edge advancements in the healthcare sector.”

Dividend Realty is acting as project developer for the new plant. Their subsidiary, Dividend ECS, will design the facility. Davis Construction will serve as the facility’s construction manager.

“We look forward to completing the project and are committed to continuing our growth in this new market,” Fejfer continued.

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Georgia Life Sciences has joined 43 state and regional life sciences organizations in signing a national Council of State Bioscience Associations (CSBA) letter calling on Congress to take immediate action on three bipartisan policy priorities that are essential to sustaining U.S. leadership in biomedical innovation and supporting patients nationwide. With Congress back in session and several critical programs at risk of expiring, the letter urges congressional leaders to advance the following provisions without delay: 1. Reauthorize the Rare Pediatric Disease Priority Review Voucher (PPRV) Program The PPRV program has been instrumental in incentivizing the development of therapies for children with rare and life-threatening conditions. Its lapse threatens to slow or halt research that families across the country are counting on. 2. Extend the SBIR/STTR Programs The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs provide crucial early-stage capital for emerging biotech and medtech companies—many of them in Georgia. Without reauthorization, hundreds of innovative small businesses face uncertainty, jeopardizing new therapies, diagnostics, and technologies in the pipeline, 3. Advance PBM Transparency Reforms Greater transparency and accountability within pharmacy benefit manager (PBM) practices are needed to ensure that savings reach patients and employers. Reforming PBM operations is essential to strengthening access and affordability across the healthcare system. A Unified Message from the Life Sciences Community The sign-on letter reflects broad, bipartisan alignment across the national life sciences ecosystem: researchers, entrepreneurs, investors, patient advocates, and state associations all share a common message— these programs underpin America’s global competitiveness and are vital to patients who rely on continued scientific progress. Georgia Life Sciences has shared the letter with members of Georgia’s congressional delegation and will continue engaging with policymakers to emphasize the importance of swift action.
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Georgia Life Sciences is proud to stand with patient advocates, providers, and employers across the state in urging Congress to take meaningful action on pharmacy benefit manager (PBM) reform. We recently signed on to a joint letter to Georgia’s Congressional Delegation stressing the urgent need for transparency, fair practices, and policies that ensure savings flow directly to patients.
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Georgia Life Sciences’ CEO, Maria Thacker Goethe shares her perspective on the value of Georgia’s research universities in this month’s issue of Georgia Trend. “Georgia research institutions have felt a very significant impact from the federal rollbacks, specifically in NIH and NSF funding. Thacker Goethe’s message about the impact of research cuts is simple: Disruption shatters the foundational trust researchers have in grant continuity….” To read the full article, click here .
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