Callan JMB signs initial TRUKING equipment order, plans $500,000 down payment
CJMB•Callan JMB signed an initial purchase order with TRUKING for pharmaceutical manufacturing equipment planned at about $28 million, with a $500,000 down payment. The equipment is slated for the Atlas Complex in Marion, Alabama, with initial production targeted before the end of 2027, subject to construction, installation, validation and regulatory requirements.
1. Order and payment terms
Callan JMB signed an initial purchase order with TRUKING for pharmaceutical manufacturing equipment planned at about $28 million. Payment terms call for a $500,000 down payment toward the equipment package for the Atlas Complex in Marion, Alabama.
2. Installation and production plans
The equipment is slated for fabrication in China, then shipment to Alabama for assembly and installation at the planned 90,000-square-foot Marion 9 facility. Management targets initial production before the end of 2027, subject to construction, installation, validation and regulatory requirements. The deal also adds a North American distribution and assembly role for TRUKING equipment beyond the initial Atlas deployment.
