Industry News

GE Aviation will begin construction in June of 2014 on a $100 million jet engine production facility in Lafayette, Ind. Accommodating up to 200 employees, the 225,000-sf project will feature advanced assembly line technologies including radio frequency parts management and automated visual inspection services. The facility will support production of the new CFM International LEAP engine and is strategically sited to foster collaboration with Purdue University. Occupancy is expected in 2016.

Novartis opened a $200 million facility in Singapore in April of 2014. Located in the Tuas Biomedical Park, the 330,000-sf building will accommodate pharmaceutical manufacturing operations for Novartis’ Alcon eye care division. The facility will support the production of drugs for glaucoma, allergies, and other conditions.

Pfizer opened the $30 million New Product Technology Laboratory in May of 2014 in Ireland. Located at Pfizer’s Ringaskiddy campus, the facility will produce advanced therapeutics for cancer, high cholesterol, and related health conditions.

The University of Colorado is planning to renovate an existing facility in Boulder to accommodate life sciences research. Providing vivarium and laboratory space, the 60,000-sf facility will enable several animal research programs to be consolidated in a single location. The cost of the purchasing the property is $7.5 million and the University will invest $10.4 million to renovate the building. Construction is expected to begin in spring of 2015 with occupancy in the fall.

Massachusetts Institute of Technology will begin construction in summer of 2015 on the $350 million MIT.nano in Cambridge. The 200,000-sf interdisciplinary project is being designed by Wilson Architects to accommodate advanced research in nanoscale materials and processes. The four-story facility will include one floor of teaching labs and two interconnected cleanroom lab floors with prototyping areas, fabrication suites, materials growth labs, and support.