By Antonio Pequeño IV, San Fernando Valley Business
Thousand Oaks biotech giant Amgen Inc. broke ground on a facility in Holly Springs, North Carolina, which is expected to be operational by 2025.
“Amgen is adding to North Carolina’s strong economic growth with the addition of its newest manufacturing plant to our already robust biomanufacturing ecosystem,” North Carolina Gov. Roy Cooper said in a statement. “We welcome Amgen’s choice to build a state-of-the-art facility in our world-renowned Research Triangle region, bringing more than 350 high-quality new jobs to our state.”
The Amgen facility will be used to produce Amgen medicines and will be built to environmental standards that are consistent with the company’s goal of reducing water usage and waste and achieving carbon neutrality by 2027.
Integrated Project Services will manage the design and construction of the project.
Amgen’s decision to build a facility in North Carolina was partially driven by its access to diverse talent. The company is a founding member of the OneTen Coalition, which plans to hire a million Black Americans into jobs throughout the next decade. Amgen will work with businesses, educational institutions and training partners to achieve the hiring goal as it works to develop, retain and advance diverse talent.
“For over four decades, Amgen has been an innovative leader in the manufacturing of complex biologics. Our commitment to continuous improvement and our significant investments in new technologies have enabled us to further accomplish our mission to serve patients while science rapidly evolves,” Robert Bradway, Amgen’s chairman and chief executive said in a statement.
Shares of Amgen closed down $3.26, or 1.39 percent, to $231.10 on the Nasdaq Tuesday, a day when the market closed down a fraction of a percent.
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Expansion plant. Article does not say company is moving HQ out of CA.
They have reported layoffs and relocations in the past few years but no corpporate relocation.
California could’a, should’a…..but you know…..its California home of the dumb voter.
A major U.S. company decides to invest in a brand new factory and builds it in the U.S. instead of China. Rather than congratulating them on putting America First you foolishly and self-servingly portray this is a bad thing.
Stupid is as stupid does, you dumb Wuhan bitch.
I know you are the evil twin of @realjesse. Fess up. Anyway the plant should be here, in California. But you know, idiots here elect anti-business know it all’s and chase it away.
I realize you want the government to be the central planner of business and manufacturing, I get that.
Just proves you really are a Wuhan whore trying to broaden the CCP’s influence. What’s your target quota for Amgen’s production, comrade?
Knock yourself out if you want the Government to control the means of production. But it kinda makes you a commie – look it up.
What other Government Control do you want to burden our capitalist free enterprises with? If your so set on being a commie you might as well go for it. Is your next demand on California voters going to be the conversion of Amgen into a State Owned Enterprise that does whatever the State dictates? Or even better, what Michael A dictates?
What an ego for a complete dolt. A fine example Dunning-Kruger.
Just chill. All he’s asking is that the state use a modest amount of its annual tax revenue to incentivize companies to keep as many entry level BIPOC jobs as possible in the state. The investment in social reparations is a great investment in our community.
For every skilled job in the state we need to incentivize companies to maintain a minimum of one hundred unskilled jobs to give our BIPOC citizens a more level playing field. We need more people to open their eyes like Michael is asking. Why don’t you open yours, Caitlyn?
Because I don’t believe in Communism the way you and Michael do.
Enjoy your reparations. As for me, I say freedom and capitalism.