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A group of independent investors, led by the Municipal Employees' Retirement System of Michigan, has invested $9.8 million in Grand River Aseptic Manufacturing
A group of Michigan and Indiana based investors, led by the Municipal Employees’ Retirement System (MERS) of Michigan, has invested $9.8 million in Grand River Aseptic Manufacturing (GRAM), a contract manufacturer of sterile injectable pharmaceuticals that offers services for aseptic vial and syringe filling. The company plans to use the funds to expand its range of services and hire additional staff. “We are delighted with the strong investor response, especially by MERS,” sa...
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