A 2011 recipient of the Trade and Industry Development Magazine CiCi Award, Diplomat Specialty Pharmacy was honored for positively impacting the local economy and community in Genesee County. Diplomat was chosen from hundreds of candidates to be one of 15 most impactful economic development projects in the nation.
The CiCi Award (Corporate Investment and Community Impact) recognized a total of 30 firms, 15 in each of two categories, corporate investment and community impact.
Winning criteria for the CiCi Award includes job creation, job retention and investment. Diplomat Specialty Pharmacy has invested $12 million in 340,000 square feet of the Great Lakes Medical Technology Center in Flint, Michigan. This former GM facility allows the company to expand operations, streamline processes and systems and will result in 1,000 new jobs within five years and 4,000 new jobs by 2028.
Diplomat Specialty Pharmacy is an independently held healthcare company providing medication management and clinical services. The company worked closely with the Flint & Genesee Chamber to secure job creation and brownfield redevelopment tax credits, workforce support and a timely move into a Renaissance Zone. The City of Flint and the Michigan Economic Development Corporation (MEDC) provided significant incentives and benefits.
“I do need to thank Tim Herman and the Flint & Genesee Chamber because without their support, initial leadership and guidance, we would not have realized that the opportunity was as great as it became for us to keep these jobs in Michigan,” said Phil Hagerman, Diplomat President and CEO.