Metrics Plans $17.5M Expansion

Metrics, Inc. is undertaking a $17.5-million facility expansion. The expanded facility will contain more analytical labs, an expanded microbiology lab, additional stability storage capabilities, approximately 9,000 sq. ft. of warehouse space and 17,000 sq. ft. of drug manufacturing space geared toward larger-scale clinical batch manufacture and commercial production. The 47,000-sq.-ft. expansion is expected to be complete in June 2007. The company plans to hire 77 new employees—a 45% increase in staff—to supplement its manufacturing and production capabilities during the next three years.

“We are extremely excited about this expansion, which represents an enormous milestone for Metrics,” said Phil Hodges, chief executive officer. “We have been working at capacity for some time. This new facility will allow us to not only expand current services, but also offer larger-scale clinical batch manufacture and commercial production.”