NorthStar expected to double employees and production by 2025
30 Jun 2022
Source: Beloit Daily News
BELOIT—NorthStar Medical Radioisotopes LLC, which is expanding its Beloit facility, will be almost doubling its workforce by 2025.
“We are projected to have 500 employees by the end of 2025,” said James Harvey, Senior Vice President and Chief Science Officer at NorthStar, during a tour of the Beloit facility on Wednesday.
The company currently has an estimated 275 employees and hopes to have a total of 300 by the end of 2022.
In May of this year the City of Beloit, authorized a planned unit development that allowed an additional building for a total of three stand-alone buildings on the property at 1800 Gateway Blvd.
The new building includes the “first-of-its-kind Actinium-225 (Ac-225) production facility”, according to Stephen Merrick, President and Chief Executive Officer at NorthStar.