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North Dakota Ag News Headlines
Aldevron Breaks Ground on Fargo Expansion
North Dakota Ag Connection - 08/20/2019

North Dakota Gov. Doug Burgum and U.S. Senator John Hoeven joined local, state and federal officials Monday to help Fargo-based biotechnology company Aldevron break ground on a 189,000-square-foot expansion, highlighting the investment in North Dakota's technology sector.

"We've worked hard to create a business-friendly climate that supports and attracts investment in our growing technology sector, and this expansion by Aldevron sends a strong signal to the rest of the nation and the world that North Dakota is open for business," Burgum said, noting the recent announcement that Sweden-based global investment fund EQT has entered an agreement to acquire a majority interest in Aldevron. "We congratulate and thank Aldevron co-founders Michael Chambers and John Ballantyne and their entire team for this major investment, which will bring hundreds of 21st century jobs to our state and strengthen our economy while supporting breakthroughs in life science and improving the well-being of people worldwide."

Founded in 1998 at North Dakota State University, Aldevron is the leading global supplier of plasmid DNA used in commercial, clinical and research stage gene therapies, as well as proteins, antibodies and mRNA.

Today's groundbreaking begins a three-phase expansion that will create a 14-acre campus anchored by Aldevron's $30 million headquarters that opened last year. The first phase will be a two-story, 189,000-square-foot facility that will increase Aldevron's production capacity up to 10 times its current output.

Once completed, the Fargo campus will have nearly 500,000 square feet and the potential to employ 1,000 people. Aldevron currently employs about 400 people across its global network in Fargo; Madison, Wis.; and Freiburg, Germany.

U.S. Senators Hoeven and Kevin Cramer, North Dakota Commerce Commissioner Michelle Kommer, Fargo Mayor Tim Mahoney and EQT's Eric Liu also delivered remarks at Monday's groundbreaking.

"Aldevron already has the largest plasmid manufacturing facility in the world, and the expansion that they are starting today moves them even further ahead of the competition," said Hoeven. "This isn't just good news for the Fargo area -- it means a higher quality of life for people around the world who will have greater access to breakthrough treatments and cures. That's exactly why we work to promote entrepreneurs like Michael Chambers and John Ballantyne. Doing so helps create good jobs and opportunities here at home, while also addressing some of the most serious challenges we face in areas like health care, food production and energy development."

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