Hartford Business Journal

January 15, 2018

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www.HartfordBusiness.com • January 15, 2018 • Hartford Business Journal 3 Newsmakers EDITORIAL Greg Bordonaro | Editor, ext. 139, gbordonaro@HartfordBusiness.com Gregory Seay | News Editor, ext. 144, gseay@HartfordBusiness.com Matt Pilon | News Editor, ext. 143, mpilon@HartfordBusiness.com John Stearns | Staff Writer, ext. 145, jstearns@HartfordBusiness.com Patricia Daddona | Web Editor, ext. 127, pdaddona@HartfordBusiness.com Stephanie Meagher | Research Director Heide Martin | Research Assistant Steve Laschever | Photographer BUSINESS Joe Zwiebel | President and Publisher, ext. 132, jzwiebel@HartfordBusiness.com Donna Collins | Associate Publisher, ext. 121, dcollins@HartfordBusiness.com Sara Lavery | Office and Project Manager, ext. 137, saralavery@hartfordbusiness.com Amy Orsini | Events Manager, ext. 134, aorsini@HartfordBusiness.com Jaime Rudy | Sales Director, ext. 124, jrudy@HartfordBusiness.com David Hartley | Sr. Accounts Manager, ext. 130, dhartley@HartfordBusiness.com Christopher Mazzaia | Sr. Accounts Manager, ext. 128, cmazzaia@HartfordBusiness.com Kristen P. Nickerson | Sr. Accounts Manager, ext. 133, knickerson@HartfordBusiness.com Karen Spatafora | Accounts Manager, ext. 131, kspatafora@HartfordBusiness.com Raki Zwiebel | Credit and Collections Manager Valerie Clark | Accounting Assistant/Office Manager Jill Coran | Human Resources Manager PRODUCTION Christopher Wallace | Art Director, ext. 147, cwallace@HartfordBusiness.com Liz Saltzman | Creative Director, ext. 140, lsaltzman@HartfordBusiness.com Peter Stanton | CEO, pstanton@nebusinessmedia.com Joseph Zwiebel | President, ext. 132, jzwiebel@HartfordBusiness.com Mary Rogers | COO/CFO, mrogers@nebusinessmedia.com SUBSCRIPTIONS: Annual subscriptions are $84.95. To subscribe, visit HartfordBusiness.com, email hartfordbusiness@cambeywest.com, or call (845) 267-3008. ADVERTISING: For advertising information, please call (860) 236-9998.Please address all correspondence to: Hartford Business Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103. NEWS DEPARTMENT: If you have a news item: Call us at (860) 236-9998, fax us at (860) 570-2493, or e-mail us at news@HartfordBusiness.com. Hartford Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Hartford Business Journal (ISSN 1083-5245) is published weekly, 49x per year — including three special issues in July, November and December — by new England Business Media, LLC, 15 Lewis Street, Suite 200, Hartford, CT 06103. Periodicals postage paid at Hartford, CT and at additional entry points. Tel: (860) 236-9998 • Fax (860) 570-2493 Copyright 2018. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O. Box 330, Congers, NY 10920-9894 www.copyright.com HartfordBusiness.com (860) 236-9998 Demand for exchange insurance plans strong "These numbers demonstrate a consistently strong demand for the exchange and affordable health care. They sharpen the focus on the importance of the Affordable Care Act and why the federal government should be working to improve it." Lt. Gov. Nancy Wyman on the 2.3 percent increase in residents who signed up for health insurance through the state's insurance exchange, Access Health CT, during the recently ended enrollment period. Female leadership "To be the first female CEO at Bead after more than a century of continuous operation isn't lost on me." Jill Bryant Mayer on recently being named the first woman CEO of Milford light electronic contact pin maker Bead Industries Inc., which is also the parent of Cheshire- based McGuire Manufacturing. Bead Industries was founded by Mayer 's great-grandfather, W. Calvin Bryant. Brenden Roche | Senior Marketing Coordinator, SCA Pharmaceuticals By John Stearns jstearns@HartfordBusiness.com What? A company moving to Connecticut? Signifi- cant job-growth plans? Amid the drumbeat that Connecticut is too expensive and financially unpredictable for many businesses (and wealthy residents) to stomach, Little Rock, Ark.-based SCA Pharmaceuticals packed its bags for the Nutmeg State, leasing a plant in Windsor, building out and equipping the site to meet its production needs and open- ing Nov. 27. It's SCA's first site outside Arkansas. Sure, SCA got some state aid (who doesn't anymore), but any company moving to Connecticut these days, filling 142 full-time jobs (as of Jan. 2) and planning to employ 361 by 2021, sparked our interest to learn more about SCA. Brenden Roche, SCA's senior marketing coordinator in Windsor, was eager to answer some questions. SCA produces pre-filled syringes and sterile admixtures for use in hospitals and other healthcare systems. Essen- tially, it takes commercially available pharmaceuticals and repackages them to customer specifications and concen- trations. This helps hospitals improve the reliability of their drug supply, reduce drug waste, minimize medica- tion errors, increase their compliance with drug-prepara- tion regulations and reduce the labor burden associated with drug preparation, Roche said. SCA is hiring for all positions, but its biggest needs include pharmacists, pharmacy technicians, aseptic assistants, cleaning, shipping, among other positions. Why did SCA choose to open its facility in this state? SCA services many healthcare facilities on the East Coast. Connecticut allows us to deliver products to those customers quicker and at reduced shipping costs, which we can pass back to customers. What is SCA applying its $8.5 million state loan toward? Mostly capital equipment investments required to open a state-of-the-art sterile compounding facility. What's driving SCA's job growth? Utilizing an outsourcing organization such as SCA helps hospitals meet their demands to ensure patients receive their medications on time and as prescribed. What's SCA's biggest challenge operating a biosci- ence manufacturing plant in Connecticut? We understand that every single dose of medica- tion we produce goes to a patient. We must have strict procedures and practices to monitor every aspect of our facility to ensure every single patient receives safe medication. What's the biggest opportunity operating in this state? The market for sterilely compounded pharmaceu- ticals is expanding rapidly. Connecticut gives us the room we needed to expand as well as access to a pool of great people. VERBATIM Brenden Roche, Senior Marketing Coordinator, SCA Pharmaceuticals WE PROVIDE CT BUSINESS LEADERS WITH THE INFORMATION THEY NEED TO SUCCESSFULLY RUN THEIR BUSINESS. ARE YOU IN THE KNOW? SUBSCRIBE BY GOING TO WWW.HARTFORDBUSINESS.COM CLICK ON "SUBSCRIBE"

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