Governor Hochul Celebrates Groundbreaking for IMA Life North America, Inc’s $30 Million Expansion Project in Tonawanda

Governor Kathy Hochul today announced that manufacturing company IMA Life North America will build a $30 million, 80,000-square-foot facility in Tonawanda to increase its production of freeze-drying equipment for the pharmaceutical industry. IMA Life's equipment is shipped all over the world and its customers include pharmaceutical giants such as Pfizer and Moderna.

"New York is continuing to bring the companies, the investment, and the talent to build the future of medicine in our state," Governor Hochul said. "IMA Life's investment in Western New York will help provide the critical equipment needed for pharmaceutical companies to manufacturer life-saving drugs, while also creating the jobs needed to grow and support the health care sector."

IMA Life North America is part of IMA Group, an Italian company that is a global leader in the field of aseptic drug processing and freeze-drying equipment, with about 6,900 employees worldwide. The company offers a wide range of technologically advanced machines, which preserve the integrity of pharmaceutical products, ensuring the maximum level of sterility and protecting both the operator and the environment.

The new building will include 50,000 square feet of production space and 30,000 square feet of office space on a 15-acre parcel located at 700 Colvin Woods Parkway, supplementing IMA Life's existing 60,000-square-foot facility at 2175 Military Road. The large freeze dryers manufactured there can rapidly convert vials of liquid medicines and other pharmaceutical products into a powdered form that is shelf-stable and easy to transport. The product range includes blowers, washers, depyrogenating tunnels, liquid and powder fillers, freeze dryers, automatic loaders/unloaders, labelers, and isolation systems.

President of IMA Life North America Ernesto Renzisaid, "We have deep respect for the life-saving medicines our customer's process using IMA equipment, and we look forward to expanding our production capabilities and adding jobs right here in Western New York. The impressive competence of the workforce has allowed us to grow our customer base and expand the company."

IMA Life has 157 employees based in Tonawanda and plans to add 70 more as the expansion project unlocks production increases. New York State, through Empire State Development (ESD), the State's economic development agency, will provide up to $1,127,443 in performance-based Excelsior Jobs Program tax credits in return for IMA's job creation commitments.

Empire State Development President CEO & Commissioner Hope Knight said, "Upstate New York is becoming a global competitor in pharmaceuticals and manufacturing, thanks to the state's strategic investments in a skilled workforce, quality of life benefits, and innovative academic-industry partnerships. Western New York was shaped by the might of manufacturing, and there's no question that the increase of production at IMA will further add to the region's growth."

Montante Construction is handling design and construction on the project, which is slated to be complete by the end of this year.

Montante Construction President Doug Elia said, "Montante Construction is proud to construct a state-of-the-art facility for IMA Life North America. Our team created innovative design and building solutions for the new building, enabling IMA to forge ahead with a challenging project that will bring value to our region through cutting-edge products and jobs in the pharmaceutical sector. We are grateful for our partnership with IMA and the opportunity to support their growth in Western New York."

State Senator Sean Ryan said, "Creating local manufacturing jobs in a major international industry is a winning formula for economic growth. Companies like IMA Life bring stable, well-paying jobs that lift our local economy, and their expanded commitment to Tonawanda is great news for Western New York."

Assemblymember William Conrad said, "The state's strategic investment in our region's pharmaceutical and manufacturing sectors are securing Western New York's place in the future of health care innovation. This expansion signals the Town of Tonawanda's suitability for commercial development, and I join my colleagues in government in celebrating IMA Life North America's success in workforce development and the field of oncology drug production."

Erie County Executive Mark C. Poloncarzsaid, "IMA Life's decision to break ground on a new facility here in Erie County is tremendous news for both our workforce and economy, and I thank them for working with Governor Hochul's team to make this a reality. This investment retains current jobs while adding new ones and further underscores our reputation as an area that's business friendly with a workforce that can handle the job. Congratulations to IMA Life on the groundbreaking and thanks for growing here in Erie county."

Town of Tonawanda Supervisor Joseph Emminger said, "We are excited to see IMA Life investing in the Town of Tonawanda with a new plant and 70 new jobs. We look forward to the completion of the state-of-the-art expansion project by the end of this year and we thank Governor Hochul for providing the high-level leadership needed to boost pharmacy manufacturing in Western New York."

For more information, visit the IMA Life North America website.

About Empire State Development

Empire State Development (ESD) is New York's chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use ofloans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing the Regional Economic Development Councils and the marketing of "I LOVE NY" the State's iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.

Contact the Governor's Press Office