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Emergent BioSolutions seeks to buy land from city for expansion – baltimoresun.com

By December 17, 2013News
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Emergent BioSolutions wants to exercise an option to buy 8 acres next to its East Baltimore manufacturing facility for an expansion that eventually could add up to 100 jobs, a company official said.

The Rockville-based biotechnology company bought its facility on East Lombard Street for $7.85 million in 2009, and has invested $50 million there since, Chief Financial Officer Bob Kramer said.

The City Council is slated to vote Wednesday on the sale of the city-owned parcel next to the facility near Johns Hopkins Bayview Medical Center.

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