Two companies received approval from Seymour City Council for tax abatement on projects totaling more than $22 million.

Kremers Urban Pharmaceuticals, purchased by Lannett  Co. Inc. in 2015, plans to invest $20 million to purchase new equipment to produce specialty generic medications, and an additional $1.8 million in logistics and distribution equipment.

Rose Acre Farms, which currently operates its headquarters on State Road 258 between Seymour and Freetown, has outgrown its office and is building a new corporate office at 1657 W. Tipton St. in Seymour.  As part of that project, they plan to invest another $550,000 to renovate an existing building located just east of the new office site.

 

See full story in The Tribune, 9.14.16