Australian Pharmaceutical Manufacturers (APM) today opened expanded operations in Keysborough, allowing the company to increase exports and create 44 new local jobs.
With support from the Andrews Labor Government, the $6.9 million upgrade will allow APM, which offers contract manufacturing and packaging services for products including vitamin and mineral supplements, to take on more work from existing clients and increase its reach across Asia.
This investment is a further boost to Victoria’s manufacturing industry, which contributes more than $30 billion to the economy and employs more than 270,000 people.
Victoria is home to one of the world’s highest-ranked life science hubs. The state’s global reputation for clean, safe and high-quality products is responsible for growing international demand, especially across Asia.
APM is the latest company to invest in Victoria’s medical technologies and pharmaceuticals sector, following recent significant investments by Praxis, CSL, Nutribiotech and Aspen Australia.
Quotes attributable to Minister for Jobs, Innovation and Trade and Member for Keysborough Martin Pakula
“Pharmaceuticals are Victoria’s highest-value manufactured export product, worth $1.5 billion to the state’s economy each year.”
“We’re proud to support APM in their expansion efforts, helping them to capture growing international demand for Australian-manufactured products and create new local jobs.”
Quotes attributable to Pact Group chairman Raphael Geminder
“The Victorian Government is busy walking the talk, actually investing in supporting manufacturing and breathing life into projects that grow employment and help Victorian business succeed.”
“We all win when we get great collaboration between government and industry, and APM, a division of Pact Group, couldn’t have made this project come to life without the Victorian Government’s help.”