Caraco Pharmaceutical is on a rapid growth spree -- it will grow from 500 to 1,098 employees in the next ten years.
Excerpt:
Although relocation was explored, CEO Dan Movens found that it did not
make sense to uproot the company. "First and foremost, the team of
people that built this company to date all reside here, and we wouldn’t
want to uproot them," he says.
Other factors came into play.
"All products approved by the FDA are tied to the actual site where we
filed for them," says Movens. "Lastly, the state and city have made a
commitment with a succession plan for training people and interviewing
people to help us build our future team."
The training program
is a collaboration with Henry Ford Community College, Wayne County
Community College and Wayne State University. The program is intended
to certify existing employees as well as to develop an internship
program that might evolve into a pipeline for future full-time
employees.
Read the entire metromode article
here.
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