Current:Home > MyWeight loss drug giant to build North Carolina plant to add 1,000 jobs -SecurePath Capital
Weight loss drug giant to build North Carolina plant to add 1,000 jobs
View
Date:2025-04-16 15:43:44
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! (83)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Why playing it too safe with retirement savings could be a mistake
- Man fatally shot by police in Connecticut appeared to fire as officers neared, report says
- Connie Chung on the ups and downs of trailblazing career in new memoir | The Excerpt
- Small twin
- Florida police investigate whether an officer used excessive force in shoving a protester
- Nikki Garcia Steps Out With Sister Brie Garcia Amid Artem Chigvintsev Divorce
- Michigan repeat? Notre Dame in playoff? Five overreactions from Week 4 in college football
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- 4 dead after weekend Alabama shooting | The Excerpt
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Connie Chung on the ups and downs of trailblazing career in new memoir | The Excerpt
- NFL Week 3 winners, losers: Texans, 49ers dealt sizable setbacks
- Doja Cat Shuts Down Joseph Quinn Engagement Rumors With One Simple Message
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- New Lululemon We Made Too Much Drop Has Arrived—Score $49 Align Leggings, $29 Bodysuits & More Under $99
- As he welcomes Gotham FC, Biden says “a woman can do anything a man can do,” including be president
- California becomes latest state to restrict student smartphone use at school
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
BLM Plan for Solar on Public Lands Sparks Enthusiasm and Misgivings in Different Corners of the West
'Trump Train' trial: Texas jury finds San Antonio man violated Klan Act; 5 defendants cleared
Connie Chung on the ups and downs of trailblazing career in new memoir | The Excerpt
Retirement planning: 3 crucial moves everyone should make before 2025
Man convicted of sending his son to rob and kill rapper PnB Rock gets 31 years to life
Halsey Shares Insight Into New Chapter With Fiancé Avan Jogia
90 Day Fiancé's Big Ed Calls Off Impulsive 24-Hour Engagement to Fan Porscha