Perrigo Chooses Grand Rapids For New North American Corporate HQ

GRAND RAPIDS, MI — Perrigo, a leading global provider of self-care products, plans to establish its North American Corporate Headquarters in Grand Rapids, the state announced Tuesday.

The project is expected to generate $44.7 million in private investment and create 170 well-paying jobs for Michigan workers.

“The decision by Perrigo to establish its North American Corporate Headquarters in Grand Rapids underscores the strength of Michigan’s business climate and our talented workforce,” Michigan Gov. Gretchen Whitmer said. “This is great news for Michigan workers, their families, and our economy as we continue to move forward with economic recovery and growth here in our state.”

Perrigo Company plc is a publicly-traded, leading provider of quality, affordable self-care products and over-the-counter health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed. With more than $5 billion in annual sales expected this year, Perrigo employs more than 4,000 employees at its offices and manufacturing facilities in Allegan and Ottawa counties.

Perrigo plans to establish its North American Corporate Headquarters in Grand Rapids where it will house its U.S.-based executive team, as well as certain senior corporate functional and business unit leaders. The company plans to move into a newly constructed facility at 430 Monroe Ave. NW within Michigan State University’s Grand Rapids Innovation Park in the city’s Medical Mile district.

As a result of the company’s investment and job creation, the project has been awarded a $2 million Michigan Business Development Program performance-based grant from the Michigan Strategic Fund, the state also announced. Michigan was chosen over competing sites in Southeast Florida and a suburb of Chicago.

“Our commitment to consumer self-care remains steadfast, and so too does our commitment to West Michigan,” said Perrigo President and Chief Executive Officer Murray S. Kessler. “What is especially exciting about our future North American Corporate Headquarters in Grand Rapids is the location within the world-renowned Medical Mile, which will allow Perrigo to leverage the expertise of healthcare and innovation thought leaders who share our passion for making self-care accessible, affordable and effective for all. We are thankful for all of those involved in making this project a reality, especially Governor Whitmer, The Right Place and their partners at the MEDC.”

The city of Grand Rapids has offered to support the project with a property tax abatement valued at $1.5 million and a $140,000 one-year parking incentive for city-owned lots or ramps, the state said.

“This headquarters announcement solidifies the competitive advantage Grand Rapids provides to global companies like Perrigo,” Grand Rapids Mayor Rosalynn Bliss said. “We look forward to their enhanced investment and impact in Grand Rapids and the West Michigan region.”

Tuesday's announcement builds on last September’s announcement that Acrisure, one of the top 10 insurance brokers worldwide, is relocating and expanding its headquarters to downtown Grand Rapids. When completed, the project is expected to generate an investment of $33 million, the state said. Acrisure has also committed to creating and maintaining a minimum of 400 new high-paying jobs, above the current statewide employment level of 873, with an average wage of $74,464.