Current:Home > ScamsWeight loss drug giant to build North Carolina plant to add 1,000 jobs -Aspire Money Growth
Weight loss drug giant to build North Carolina plant to add 1,000 jobs
View
Date:2025-04-15 23:57:56
CLAYTON, N.C. (AP) — Novo Nordisk, the maker of Ozempic and Wegovy, announced on Monday that it plans to add 1,000 jobs when another company manufacturing plant is built in a suburb of North Carolina’s capital to expand production of the very popular weight loss and diabetes medicines, as well as other treatments.
The Danish-based company said it will invest $4.1 billion on the new facility in Clayton. The 1.4 million square-foot (130,000 square-meter) production space for manufacturing and finishing processes would double the combined space that Novo Nordisk already has at its three plants in the Raleigh-Durham area, news outlets reported. It employs nearly 2,500 workers in the region.
The announcement would mark the largest life sciences investment in state history, said Christopher Chung, CEO of the Economic Development Partnership of North Carolina, the state’s independent nonprofit recruiting organization. The average salary for the new positions will be $70,000, which is above Johnston County’s average of $50,605, the partnership said in a news release.
The future production site, with construction to be completed in phases between 2027 and 2029, will be able to make multiple treatments, the company said. Novo Nordisk has been best known for making insulin to treat diabetes.
“The importance of this facility we’re making is ensuring that we are flexible to both produce weight-loss products but also other chronic diseases,” Novo Nordisk vice president Niels Laurbjerg Nielsen said.
Novo Nordisk opened over 30 years ago its first facility in Clayton, which is about 20 miles (32 kilometers) southeast of Raleigh. The drugmaker announced in 2015 plans to double facility space in Johnston County. That work was completed in 2020 and marked the company’s first facility outside of Denmark to manufacture active drugs.
The Johnston County commissioners approved incentives for the project on Monday before the company’s public announcement. The company would receive cash grants equivalent to a percentage of property tax if it meets investment goals.
veryGood! (99829)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Tim McGraw is firm in his beliefs and love of his family: 'I stand for what I stand for'
- Far away from Trump’s jail drama, Ron DeSantis and his family head to Iowa’s ‘Field of Dreams’
- 3 small Palestinian villages emptied out this summer. Residents blame Israeli settler attacks
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Messi, Inter Miami defeat Cincinnati FC: Miami wins dramatic US Open Cup semifinal in PKs
- Ohtani to keep playing, his future and impending free agency murky after elbow ligament injury
- Massachusetts man gets lengthy sentence for repeated sexual abuse of girl
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- AP WAS THERE: A 1953 CIA-led coup in Iran topples prime minister, cements shah’s power
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- How 'Back to the Future: The Musical' created a DeLorean that flies
- Former death row inmate in Mississippi to be resentenced to life with possibility of parole
- From Ramaswamy bashing to UFOs, the unhinged GOP debate was great TV, but scary politics
- Questlove charts 50 years of SNL musical hits (and misses)
- Indiana State Fair attendance increases slightly for 2nd consecutive year
- Former Indiana postal manager gets 40 months for stealing hundreds of checks worth at least $1.7M
- Skincare is dewy diet culture; plus, how to have the Fat Talk
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
California doctor lauded for COVID testing work pleads guilty to selling misbranded cosmetic drugs
One of two Democrats on North Carolina’s Supreme Court is stepping down
Jailed WSJ reporter Evan Gershkovich arrives at a hearing on extending his detention
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Transgender adults are worried about finding welcoming spaces to live in their later years
CIA stairwell attack among flood of sexual misconduct complaints at spy agency
Flooding fills tunnels leading to Detroit airport, forces water rescues in Ohio and Las Vegas