Texas-based Life Science Logistics has announced plans to build a third cold-chain storage distribution facility in central Indiana due to high demand for more pharmaceutical and medical device warehouse space.
LSL says the addition of a second logistics center in Whitestown will create 50 new jobs and bring its total Indianapolis-area footprint to nearly 1 million square feet.
The company also operates a 526,000-square-foot facility in Brownsburg.
LSL says there is “booming demand” for FDA-regulated, temperature-controlled storage and distribution of pharmaceutical and medical devices.
In addition to medical treatments for diabetes, oncology cell and gene therapies, there also an urgent need for storage of COVID-19 related supplies, such as rapid test kits and diagnostics.
“We’ve seen significant, continuous growth of the pharmaceutical and medical device storage and distribution market over the last five years and don’t expect it to slow anytime soon,” says LSL Chief Executive Officer Richard Beeny. “What we didn’t expect was the impact of the pandemic, which only bolstered the need for FDA-regulated medical supplies – companies need to safely store and distribute these products quickly.”
Beeny says he expects the new site to be up and running in the first quarter of 2021.