Petersburg aims to become pharma hub
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Phlow Corporation
Phlow Corporation
Economic healing
Petersburg aims to become pharma hub
“In November 2021, S&P Global Ratings raised the city’s bond rating three places, from BBB+ to an A+. Moody’s Investors Service also increased Petersburg to an A1 rating, signifying that the city has stable financial backing and ample cash reserves.
And now work is underway to make this city of 33,458 residents a pharmaceutical manufacturing hub and ingredient reserve, bringing economic investment, jobs and ancillary investment to the long-distressed area.”