EXCLUSIVE: Callan JMB Targets Strong Revenue From New IV Bags Alabama Plant

10/20/2026
Impact: 80
Industrials

Callan JMB Inc. has received formal approval for a $16 million intravenous (IV) bag manufacturing facility in Alabama, which is projected to generate $450 million in annual revenue. The facility will produce standard IV bags and premixed drug IV bags, contributing $300 million and $150 million, respectively. The project aims to enhance U.S. domestic pharmaceutical production and supply chain resilience, incorporating automation and robotics for improved efficiency. Callan JMB shares were down 0.52% at $1.91 during premarket trading.

AI summary, not financial advice

Share: