Congratulations to our portfolio company Afton Scientific, LLC on their announcement of a $200 million expansion. Ensuring that systemically important domestic manufacturing is well-optimized has always been a focus of ours, and companies like Afton are mission critical to reinforcing America’s pharmaceutical supply chain. Since partnering with Afton nearly a year ago, we’ve worked hand in hand with CEO Thomas Thorpe, Governor Glenn Youngkin, the Virginia Economic Development Partnership, and Albemarle County, without whom this expansion would not have been possible. We look forward to working with Afton to continue to meet the ever-increasing demand for its aseptic CDMO services. Read more about the expansion here: https://lnkd.in/eT467jPg #arlingtoncapital #gotregulatedindustries #healthcare
We are thrilled to announce Afton’s major expansion, with over $200 million in investment and the creation of hundreds of new jobs in Albemarle County! It was our great honor to host Governor Glenn Youngkin, Secretary Caren Merrick, Albemarle County Executive Jeff Richardson, Albemarle Board of Supervisors Chair Jim Andrews, and other state and local officials today for this monumental occasion. This investment not only strengthens our commitment to innovation in the biotech and pharmaceutical industries, but also reaffirms our dedication to supporting the local economy. Afton is proud to call Albemarle County home, and we look forward to growing alongside this incredible community. 📸:Ashley Perry Hernandorena