Chattem R&D
This article was originally published in The Tan Sheet
Executive Summary
Consumer products manufacturer will break ground for $2 mil., 10,000 sq. ft. research and development facility in Chattanooga, Tenn. in February. Slated for completion by end of calendar year, facility will be dedicated to creating line extensions for existing products, President & Chief Operating Officer Alec Taylor says. Gold Bond sales are expected to be $40 mil.-$42 mil. in FY 2002, and pHisoderm annual sales are expected in $15 mil.-$17 mil. range, Taylor reports during 1Chattem's presentation at Banc of America Securities conference Jan. 10...