Biotech Plans $60M Plant In Snohomish County; 100 New Jobs

Diversified Bio-Medics Inc. is trying to amass the capital and expertise needed to launch a contract pharmaceutical-manufacturing operation in Snohomish County. Economic development officials said Tuesday that Diversified Bio-Medics had picked Snohomish County over California sites to build a drug factory that could cost $60 million and employ more than 100 people. CEO Garry Montgomery said the company hopes to select a specific 10- to 15-acre site within four months.

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