Perrigo Co., an Ireland-based supplier of store-brand self-care products, Thursday announced plans to build a new North American corporate headquarters in Grand Rapids. The project will bring approximately 170 employees to the region.
The new headquarters, the company says, will augment Perrigo’s existing presence in west Michigan, which was established in 1887 and now includes operations in Allegan, Holland, and Grand Rapids.
Perrigo’s new offices will be constructed in Michigan State University’s Grand Rapids Innovation Park, a public-private partnership that is bringing together academic medicine, health care delivery and other partners. The location places Perrigo, one of the world’s leading over-the-counter health and wellness organizations, in the company of academic, research, and clinical experts found within the medical park network.
“Our commitment to consumer self-care remains steadfast, and so too does our commitment to west Michigan,” says Murray S. Kessler, president and CEO of Perrigo. “Our future North American corporate headquarters in Grand Rapids will be designed to help us create adaptable workspaces that support cross-functional collaboration, work safely in a post-COVID-19 new normal world and will enhance our ability to attract diverse, highly skilled professionals.
“What is especially exciting is the location within the world-renowned Medical Mile, which will allow Perrigo to leverage the expertise of health care and innovation thought leaders who share our passion for making self-care accessible, affordable and effective for all,” Murray says.
Perrigo’s expansion represents a capital investment of $44.7 million over the 15-year lease agreement offset by $3.7 million in state incentives and other collaborator commitments. It will bring approximately 170 employees to the region and offset space constraints anticipated at its Allegan campus. The company has more than 4,000 team members in west Michigan and more than 11,000 globally.
“The decision by Perrigo to establish its North American headquarters in Grand Rapids underscores the strength of Michigan’s business climate and our talented workforce,” says Michigan Gov. Gretchen Whitmer. “This is great news for Michigan workers, their families, and our economy as we continue to move forward with economic recovery and growth here in our state.”