SHARP US: A DECADE OF GROWTH AND A THRIVING PARTNERSHIP
2018 marks the 10th anniversary of the acquisition by UDG Healthcare of Sharp Packaging US in Allentown and Conshohocken, PA. Since 2008, UDG has invested more than $100 million in capital expenditure in Sharp US which has resulted in almost a doubling of available capacity, a doubling of the workforce and greater than seven-fold increase in operating profit over that time.
UDG’s strategy of investing in people, facilities and infrastructure continues today, as demonstrated most recently by the expansion of Sharp’s cold-chain capacity in Allentown. This further supports the specialist handling and distribution demands of pharma clients in the rapidly growing injectables market.
By any standards Sharp US has been a very successful acquisition and continues to make an important contribution to the growth and development of UDG Healthcare today. The energy, expertise and ingenuity of the employees in Allentown and Conshohocken are a vital part of that success. More than 30% of those employees have over ten years of service with Sharp, a fitting testament to a thriving partnership.
I have been with Sharp for over 40 years and it has been fascinating to watch the business and buildings grow from a small company that originally housed printing, packaging and warehousing all in the same building. I take particular pride in how far we have come technically over those years, from pioneering serialisation solutions in 2008 to exploring the use of robotic automation today.
Stephen Hamaday - Director of Engineering, Sharp Packaging US