Auction Info
Product Quest Manufacturing, LLC maintained an FDA registered facility that manufactured products under the Good Manufacturing Practices (GMP) compliance practice. The facility has produced about 40 million units annually and has the capacity to run more than 150 million units annually.
Investment Opportunity Highlights
Turnkey Operational Facility Including:
• The company was a contract manufacturer that specialized in formulation development, manufacturing, packaging, analytical testing, bulk and finished product, as well as microbiological and stability testing of topical dosage forms
• Includes the Manufacturing Facility, Laboratories, and Real Estate located in Kannapolis, North Carolina
Selected Asset Highlights
Please note this is only a partial listing of the entire operational enterprise.
• Manufacturing Machinery & Equipment
- 14 filling lines
- 10 batching suites
- 5 kitting lines
• Dedicated Laboratories for raw material, micro, and finished product
• Warehouse Space
• Intellectual Property
• Real Estate
Real Estate Overview
• Located at 2865 North Cannon Boulevard, Kannapolis, North Carolina, 28083
• This is an existing industrial property containing 148,154 square feet of rentable area. Additions and renovations were done in 2007, 2009 and 2011. The site area is 16.39 acres or 713,948 square feet.
• The facility is of block construction and is divided into five main sections:
- Admin, QA, R&D
- Manufacturing
- Packaging and Filling
- Warehouse
- Utilities
• Property Improvements include approximately $4,184,994 spent on conversion of the original facility to industrial use.
• In 2009, portions of the building were renovated to clean rooms for a cost of $1,700,000 from 2009 to 2010, and the owners completed a $4,000,000 renovation/addition to the facility in 2011.
