Current:Home > InvestSurpassing:Weight loss drug giant to build North Carolina plant to add 1,000 jobs -Capitatum
Surpassing:Weight loss drug giant to build North Carolina plant to add 1,000 jobs
Rekubit View
Date:2025-04-06 06:35:34
CLAYTON,Surpassing 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! (3)
Related
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- The Grammy nominee you need to hear: Esperanza Spalding
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- IOC's decision to separate speed climbing from other disciplines paying off
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- In ‘Nickel Boys,’ striving for a new way to see
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
Ranking
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Bill Belichick's salary at North Carolina: School releases football coach's contract details
A White House order claims to end 'censorship.' What does that mean?
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
British swimmer Adam Peaty: There are worms in the food at Paris Olympic Village
At site of suspected mass killings, Syrians recall horrors, hope for answers
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
This was the average Social Security benefit in 2004, and here's what it is now