Current:Home > InvestWeight loss drug giant to build North Carolina plant to add 1,000 jobs -Quantum Capital Pro
Weight loss drug giant to build North Carolina plant to add 1,000 jobs
Will Sage Astor View
Date:2025-04-07 16:11:04
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! (478)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Comparing Trump's and Biden's economic plans, from immigration to taxes
- FBI identifies serial rapist as person responsible for 1996 Shenandoah National Park killings
- Comparing Trump's and Biden's economic plans, from immigration to taxes
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Sabrina Carpenter announces Short n' Sweet North American tour: How to get tickets
- Authorities arrest Alabama man wanted in connection with multiple homicides
- CDK Global shuts down car dealership software after cyberattack
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Jenna Dewan Gives Birth, Welcomes Her 2nd Baby With Fiancé Steve Kazee
Ranking
- The White House is cracking down on overdraft fees
- Biden administration old growth forest proposal doesn’t ban logging, but still angers industry
- Wife of Toronto gunman says two victims allegedly defrauded family of life savings
- Howie Mandel's wife had a gruesome injury while tipsy. Alcohol injuries are a huge issue
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- US jobless claims fall to 238,000 from 10-month high, remain low by historical standards
- Former Sen. Carol Moseley Braun will have memoir out in 2025
- IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Anchorage woman found dead in home after standoff with police, SWAT team
U.S. bans on gasoline-powered leaf blowers grow, as does blowback from landscaping industry
Putin-Kim Jong Un summit sees North Korean and Russian leaders cement ties in an anti-U.S. show of solidarity
New data highlights 'achievement gap' for students in the US
Traveler from Missouri stabbed to death and his wife critically injured in attack at Nebraska highway rest area
Powerful storm transformed ‘relatively flat’ New Mexico village into ‘large lake,’ forecasters say
Citizens-only voting, photo ID and income tax changes could become NC amendments on 2024 ballots