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Groundbreaking

Foster Corporation recently broke ground for a 32,000-square-foot addition in the Putnam industrial park. Left to right: Joseph Confessore, senior vice president, The Washington Trust Company; Daniel Rovero, State Representative; Donald Williams Jr., State Senator; Delpha Very, Putnam Community and Economic Development director; Perry Lorenz, president, A/Z Corporation; Raymond Coombs, president, Eastern Advanced Manufacturing Alliance, Inc.; Lawrence Acquarulo, CEO and president, Foster Corporation; Joseph Bronzino, president and founder, Biomedical Engineering Alliance & Consortium; Henry Hague, EVP and CFO, Foster Corporation; Troy Appleton, GMP quality manager, Foster Corporation; and Anthony Listro, managing director, Delivery Science, Foster Corporation. Courtesy photo.

 

 

 

 

PUTNAM — The Foster Corporation, a leading supplier to the medical device industry and market leader for polymers used in interventional catheters, recently broke ground on a 9.21-acre lot, at 36 Ridge Road, that will house a 32,000 square foot cGMP manufacturing facility.   The new building will be FDA registered and will provide the necessary resources for development and manufacturing of complex pharmaceutical and medical device components, including implantable devices, drug delivery devices and drug/device combinations.  

The facility will include a Class 7 clean suite, clean equipment storage, QC lab, GMP warehouse, office space, loading dock and machine shop.  The facility is across the street from Foster Corporation’s headquarters.   The new building will provide space to expand Foster Delivery Science, a Business unit of Foster Corporation.

Foster Corporation was founded in 1989 by Lawrence Acquarulo, CEO and president, in a 2,500-square foot facility, just a mile from the new facility.  The company is celebrating its 25th anniversary this year and has grown to 90 employees at two locations; Putnam and Las Vegas. A 12 percent increase in employment is expected when the new facility is complete in May 2015.

“We are one of the few companies dedicated to melt extrusion processing of pharmaceutical ingredients.  Our success in formulation development, process development and manufacturing of custom drug/polymer blends has exceeded our expectations and currently available space,” said Anthony Listro, managing director of Foster Delivery Science.  “The new facility will allow us to increase our services in manufacturing of clinical supplies and larger production volumes.”

A/Z Corporation of Stonington is the contractor for this facility; working the DPS Engineering as the project architect.