Bayer to Invest $2.2 Billion for Manufacturing Site in New Albany
The plant will create 600 permanent jobs and 1,500 construction jobs as Bayer expands U.S. drug manufacturing.
- On Friday, Bayer announced plans to invest $2.2 billion in a new pharmaceutical manufacturing site in New Albany, Ohio, serving as a central element of its long-term U.S. expansion strategy.
- New Albany Mayor Sloan Spalding said the facility joins a life sciences cluster including Amgen and Pharmavite, leveraging statewide momentum and the Ohio Life Science Training Center to prepare the workforce.
- Ohio Governor Mike DeWine said the project will create 600 high-paying jobs averaging "well over $100,000," alongside roughly 1,500 temporary construction positions on 200 acres.
- Jeffrey Kessler, Under Secretary at the U.S. Department of Commerce Bureau of Industry and Security, said the announcement reflects President Trump's economic policies strengthening the United States, while Senator Jon Husted noted it reduces China dependence.
- Sebastian Guth, Bayer's chief operating officer for pharmaceuticals, stated the site will become operational in 2031, with finished drug product manufacturing following in 2034, supporting the company's goal to double United States sales by decade's end.
26 Articles
26 Articles
Richland Source
KnoxPages.comBayer to invest $2.2 billion for manufacturing site in New Albany
COLUMBUS — Bayer plans to invest $2.2 billion in a new pharmaceutical manufacturing site in New Albany, according to a Friday afternoon press release issued by Ohio Governor Mike DeWine, Bayer and JobsOhio. Bayer is expected to create around 600 high-value jobs in the New Albany International Business Park and roughly 1,500 construction jobs during the […] The post Bayer to invest $2.2 billion for manufacturing site in New Albany appeared first …
Bayer is investing $2.2 billion in Ohio — and it's bringing 600 jobs with it
Bayer, the German pharmaceutical company, plans to build a campus in New Albany, near Columbus, that will eventually employ around 600 people and create roughly 1,500 construction jobs.
Zeit Online
Here you can find information on the topic "Investing abroad". Read now "Bayer wants to invest over $2 billion in US plant".
Bayer is planning a new production facility in Ohio and is investing 2.2 billion dollars. What the Group expects from the site.
Coverage Details
Bias Distribution
- 69% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
