Schering-Plough Canada to build head office in Montreal

[mtlurb]

Schering-Plough Canada to build head office in Montreal

Mar 06, 2007 06:10 PM

Canadian Press

 

MONTREAL – Drug developer Schering-Plough Canada is proceeding with plans to build a $9 million three-storey office complex that will serve as the U.S. company's new Canadian head office in Montreal's west-end.

Construction is about to begin on the first phase of a 60,000-square-foot building that will be built along the Trans-Canada highway, across from rival Merck Frosst's large research complex.

 

The Schering-Plough building could be expanded in a second phase in a couple of years, officials told The Canadian Press on Tuesday.

 

Company president and general manager Carlos Dourado will officially unveil the project at a news conference Wednesday.

 

The structure will occupy a portion of vacant land under a long-term lease with the property's owner, Broccolini Construction, said Guy Filiatrault, director of urban planning and business services for the town of Kirkland, Que.

 

Town officials are finalizing a building permit for the new building, which is expected to be completed this fall, he said in an interview.

Quebec Economic Minister Raymond Bachand, Native Affairs Minister Geoffrey Kelley and Kirkland Mayor John Meaney are expected to participate.

 

Schering-Plough Canada, which employs more than 850 people across the country, is part of a New Jersey-based global company that develops prescription drugs as well as consumer and animal health products.

It wasn't immediately clear how many workers will be transferred from other Schering-Plough Canada operations, including its existing headquarters in nearby Pointe Claire.

 

Schering-Plough Canada operates a manufacturing plant in Pointe Claire, where more than 400 employees help produce 300 million tablets annually for domestic and international markets.

 

In 2000, Schering-Plough Canada invested $25 million to modernize its manufacturing plant and expand the nearby warehouse.

 

The project. built by Broccolini Construction, also included construction of an 86,000 square-foot, distribution centre in Kirkland.

 

It serves the Canadian retail market and exports products to sister companies of Schering-Plough in the US, Europe and Asia. It processes 120,000 product orders annually, said the company's website.

 

In January, Montreal-based pharma company Warnex Inc. (TSX: WNX) said it will develop new pharmacogenetic assays – used to predict a patient's response to drugs – and operate a central laboratory for several of Schering-Plough Canada's clinical studies.

 

The Canadian company's parent, Schering-Plough Corp. (NYSE: SGP), recently reported its fourth-quarter profits surged 75 per cent as strong sales of cholesterol, arthritis and allergy medicines offset rising research and marketing spending.

 

The company's sales include revenue from a joint venture with Merck & Co. on cholesterol drugs.

[Habsfan]

Oui monsieur! more construction! Bring it on. Soon there won't be any room on teh 40, they'll have to build elsewhere!

[mtlurb]

J'ai été impressionné par les constructions sur la 40 dans l'ouest l'autre jour, et les buildings sont pas laids du tout!

 

la 13 est entrain de se remplir aussi un peu partout sur sa longueur, il y a une grosse structure qui monte de 4 étages sur le bord est de la 13, et une autre structure très grande qui apparait comme etre un mega entrepot de pneus yokohama sur la 440/13

[jesseps]