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Board approves incentive package for Monarch Pharmaceuticals’ Fort Pierce expansion
Board of County Commissioners, St. Lucie County · December 3, 2025
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Summary
The commission approved an ad valorem tax exemption and job growth grant framework for Monarch Pharmaceuticals, a veteran‑owned manufacturer planning an expansion in the Renaissance Business Park that the county says will add 11 jobs and roughly $2.0 million in capital investment.
The Board approved a performance‑based incentive package to support Monarch Pharmaceuticals’ proposed expansion in Fort Pierce.
Economic development staff presented the company as an SBA‑certified veteran‑owned manufacturer…
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