New London Company Awarded $800K Grant For Expansion

NEW LONDON, CT — An $800,000 state grant was awarded to Sheffield Pharmaceuticals to support a major expansion at its New London facility, according to a statement from Sen. Martha Marx (D-New London).

The grant, awarded through the Department of Economic and Community Development's Strategic Supply Chain Initiative, will help Sheffield Pharmaceuticals invest $3 million in state-of-the-art packaging equipment and mixing systems to increase capacity and expand into new product lines.

"Sheffield Pharmaceuticals has been a cornerstone of New London's economy since the 1800s, and this investment ensures they'll continue to grow and thrive here," Marx said in a statement. "An $800,000 state grant leveraging $3 million in private investment means expanded production capacity and a stronger local economy. That's exactly the kind of growth we need to see."

Sheffield Pharmaceuticals, located in New London, manufactures prescription and over-the-counter pharmaceutical products, including creams, ointments, liquids, and oral care products.

The Strategic Supply Chain Initiative is a $25 million program supporting companies that are increasing production capacity, expanding existing facilities, or establishing new operations in Connecticut.