Somerset, NJ, March 18, 2009 — Catalent Pharma Solutions, one of the leading providers of advanced technologies and outsourced services to the global pharmaceutical, biotechnology and consumer health industries, announces the intended August 2009 closing of its folding carton printing facility in Pennsauken, NJ, and the parallel expansion of its capabilities at its Moorestown, NJ facility. Both sites are part of the Printed Components business, in Catalent’s Packaging Services segment.
To meet the ongoing needs of its folding carton customers, Catalent is upgrading its carton printing capabilities at its Moorestown printing facility and over the next six months relocating key equipment from Pennsauken to Moorestown. At the same time, Catalent will be investing in additional new equipment and technology to be based at its newer Moorestown plant.
Some of the expected new and upgraded equipment will include UV coating, vision systems, additional printing technologies and the establishment of a new design and pre-press center. We also expect to introduce our recent printing innovation, e-Magineering™. Catalent's e-Magineering Web-based solution will automate the development, management and delivery of printed labels, inserts, cartons, and other printed components, from the design phase to supply replenishment. It will also track document work flow, order history and billing.
"We believe housing our continental US Printed Components business in a single location will bring important benefits for our customers, including more efficient distribution, a consolidated invoice, and the ability to pack or 'kit' all products, including labels, inserts and cartons, together," said Victor Dixon, Catalent's Vice President and General Manager, Printed Components. He continued, "Closing our Pennsauken plant was a difficult but necessary step in the evolution of the business, and we are dedicated to supporting efforts to help the employees that will be affected by the closing. We believe that both of these changes will bring about a stronger Printed Components business."
Headquartered in Somerset, New Jersey, Catalent Pharma Solutions is a leading provider of advanced dose form and packaging technologies, and development, manufacturing and packaging services for pharmaceutical, biotechnology and consumer healthcare companies in nearly 100 countries. Catalent applies its local market expertise and technical creativity to advance treatments, change markets and enhance patient outcomes. Catalent employs approximately 9,100 at more than 30 facilities worldwide and in fiscal 2008 generated more than $1.8 billion in annual revenue. For more information, visit www.catalent.com .