Washington County is willing to pitch in $285,000 to help
convince Germantown’s Cambridge Major Laboratories Inc. to
expand its facilities in the village.
After a closed
session discussion Tuesday night, the County Board authorized
the use of the county’s Attraction Fund on a 22-0 vote with one
W130 N10497 Washington Drive, in the Germantown Business
Park, is a chemistry outsourcing partner for the pharmaceutical
and bio-technology industries. It has three facilities in the
U.S. and Europe.
memorandum of understanding among the county, Cambridge Major
and Germantown, the county will be repaid through a village-run
tax incremental financing district, County Attorney Kimberly
Development Washington County manages the Attraction Fund
county. EDWC’s Executive Director Christian Tscheschlok and
Programs and Communications Coordinator Deborah Reinbold met
with the County Board during the closed session before the
public vote was taken.
money is intended to induce Cambridge Major to expand its
Germantown campus by remodeling an adjacent building, Nass said.
details on the agreement were not available Tuesday night.
been busy announcing business development projects.
the county agreed to use $480,000 from its Attraction Fund to
help convince Kerry Ingredients & Flavours to build a $9.52
million expansion at its Jackson plant. That, too, was
negotiated by Economic Development Washington County.
Last week it
was announced Airgas Inc. plans to build a 257,400-square-foot
distribution center with offices.
Supervisor Mel Ewert abstained from Tuesday’s vote. As both a
county supervisor and a village trustee in Germantown, he said,
it best if he not participate in the board decision.
Cambridge Major acquired AAIPharma Services Corp., Wilmington,
N.C., which offers research and manufacturing services to the
pharmaceutical industry. Cambridge Major employs more than 240.
AAIPharma has 559 employees. Together, the companies have
facilities in five states and the Netherlands.
At the time of
the acquisition, Cambridge Major announced plans to expand its
supervisors did not attend the board meeting at the time of the
Cambridge Major decision: Ralph Hensel, West Bend; Michael
Parsons, town of Farmington; Joseph Gonnering and Todd White,
town of Trenton; Marilyn Merten, town of Polk; Peter Sorce and
Dawn Eyre, Germantown.
Major is owned by American Capital Ltd., Bethesda, Md., which
bought the Germantown manufacturer for a reported $212 million a
year ago from Arlington Capital Partners. American Capital and
Arlington Capital are private equity firm.
Major was founded in 1999.