STD Med Inc. is expanding its footprint outside of its Stoughton, Mass., base with the acquisition of a 32,000-square-foot facility in West Bridgewater.
The contract manufacturer said it will build a clean room facility in the space and hire 50 new workers over the next three years. It is slated to open this summer.
Citing founder Primo Tallarida’s recipe for success (“hard work, the American Dream, and luck sure doesn’t hurt”), STD Med president Steven Tallarida said the company is pleased to be expanding in spite of difficult economic conditions.
The facility will also house start-ups incubated by the company, including Spirus Medical Inc. and Cardiosolutions Inc., as well as new venture capital firm Makaira Venture Partners.