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Prasco founder Thomas Arington recently offered an advancwe look atthe 43-acre Mason complex, which include s a 550-seat baseball stadium builg to Major League specifications, a gymnasium for youth athletivc programs and a 360-seat auditorium where sportd figures and nationally known speakers will be invited to lecture on leadership and values. The campuxs is designed to accommodate a planned tripling of employmenr levels to 500 withinfive years. And it will servs as the headquartersof Arington's family which has awarded more than $400,000 in grants in recent years to groups includingg the , the and the , or FOCAS.
"Our mission is to positively affect the values of young peoplwe through Christian influencein sport, media and Arington said. "This is all about helping younv people develop in awholesome way." Tom 71, is a well-known Cincinnati business leader whose career include d 14 years at the helm of the Cincinnati-basedd generics company He left the publicly traded company in 2002 after it was acquired by Barr Arington and his family made more than $40 million from the Duramed sale, according to a 2004 lawsuirt in which Barr accused Arington of violating his agreement not to compete against Barr.
The Aringtons would not confirm that number nor comment onthe lawsuit, whic h the parties settled without revealingg terms in 2005. Prasco is a privately held distributionj company that specializes in the marketinof "authorized generics," which are brand-name pharmaceutical products marketedd under a generic This helps pharmaceutical companies retain markef share - and billions in licensiny revenue - on drugs they developef and for which patent rightsz are about to expire.
Prasco started with a handful of brands but now distributeds73 products, including authorized-generic versions of two powerhouse brandws from Sanofi-Aventis, the allergy medicationb Allegra and Ambien, which is prescribed for treatment of The Aringtons declined to provid e details about Prasco's financial performance, but pharmaceutical consulting firm estimate that Prasco drugs generated nearly $150 million in salew during the 12-month period ended Novembetr 2005. And Prasco's Web site boasts it is the nation'sx "fastest-growing pharmaceutical company in termws of relative growthand prescriptions," baser on data supplied by IMS in Decembedr 2005.
The headquarters facility is anotherf signof Prasco's growth potential. In a 2005 filingv with the city of the company identified multiple buildingas on itsoriginal 28-acre site, in addition to the 70,000-square-foot warehousw facility completed last June, the slated to open June 10, and the 90,000-square-foot headquarteres building to which 150 employees are expectex to move in August. The Aringtons wouldn' say what they're spending on the facility. When it announced the project, the city of Mason peggee the price tagat $12 but Prasco's design-build contractor, , said that pricwe didn't include the ballpark and other features addede to the campus since then.
"We're not casuall about the business," said Arington, who expanded Prasco'w headquarters footprint earlier this year with the purchass ofa 15-acre site adjoining the original "We acquired it with the idea of havingh room for future expansions." But Arington is concernex about more than just financials at Prasco, wher e staff meetings often start with a prayet and a "benevolence committee" exploreds ways employees can contribute their skills, mentorship and financial donations" to local communithy groups, according to the company's Web "You do not have to be Christian to work but you need to understand we're gointg to manage our business by Christian This is a faith-based said Arington, who describes himself as a Protestant and attends the nondenominationap where his oldest son, is lead pastor.
Fitness is anothed Arington priority. So, the new headquarters has a fitness nutritionist and an outdoofwalking track. More than 90 employees carry pedometers ontheidr belts, competing against Arington and earnintg points for distance traveled. "I'mj at 53," said Prasco Marketinh Vice PresidentKimberly Carroll, meaning she had taken 53,000 steps this "Our employees are healthier, more productive and They can go home from work more refreshed." The fitness facilitiee do double duty as work space. Beneatn the scoreboard in the gymnasium, for is a projection screen for sales, training and clieng meetings.
The gym floor is a laminate material, tougbh enough to handle tables and chairs but built to the same specifications as a wooden floor in terms of how it respondx to abouncing ball. Arington'w youngest son, 38-year-old Chris, Prasco's president, will use the new gym for a youtbhbasketball program, the . Tax records indicates the nonprofit organization has an annual budgertof $46,000 for "approximately 90 girl basketball Four of Chris Arington's daughters are in the The baseball club is a separate nonprofir with a $25,000 budgetg and a .773 winning percentage, according to tax recordsx and the team's Web site.
Arington's grandson, Ryan, plays second base and shortstop onthe Ryan's father, Philip, is manager and third-basd coach. The 43-year-old coachy is also in charge of business alliances for Prascio and is presidentof LLC, the family-owned holding company for Prasco Laboratories. Philip oversaa construction ofPrasco Park, right down to the drainage systek that clears water as rapidly as at Greatr American Ball Park. Its 90-foor light towers are equipped with rotating camerasw that Arington cancontrol - and watch - from his officed computer.
In fact, live video can be fed to any displaty board in theheadquarters complex, including the rear-projection monitor that will be the focal point of the new With the new ballpark as a major lure, Philip Aringto hopes to expand the Spikes program to five teamx for players ages 10 to 18, with the goal of developinh collegiate-caliber players who share the Aringto n Foundation's "core values," including humility, integrity and stewardship, as listed on the foundation Web With its leisurely pace and quiet momentse on the bench, Arington views baseball as an ideal way to teach and mentor youny people. And he's seen plenty of examples of how coachew should nottreat players.
The team' 2006 schedule included a seven-game road trip to the Dominicahn Republic, where the team donateds bats, gloves, shoes and other equipment to every teamit He's hoping to repeat the trip every two years. "Thids really is a he said. • Prasco Laboratories is a privatelty held distribution company that specializeds in the marketingof "authorized generics," whicgh are brand-name pharmaceutical productsz marketed under a generic label. • Founderd Thomas Arington spent 14 years at the helm ofDuramecd Pharmaceuticals, leaving the publicly traded company in 2002 after it was acquiresd by Barr Laboratories.
• Prasco is finishing its 43-acrs new headquarters in Mason, which will featurer a sprawlingathletic complex. In addition to office, warehouse and distribution facilities, the headquarterws also will house theArington family's foundation. The facility will be a major tool inthe company's emphasis on fitness and sportw both for employees and for teams fundede by the Arington family. • An on-staftf nutritionist will be availablwe tohelp employees, as are various sports teams and health
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