Merck Breaks Ground on $3 Billion Virginia Plant, Advancing $70 Billion US Expansion

Date:

Merck Breaks Ground on $3 Billion Virginia Plant, Advancing $70 Billion US Expansion

Signage at the Merck & Co. headquarters in Kenilworth, N.J., on Nov. 13, 2021. Andrew Kelly/Reuters

Global pharmaceutical manufacturer Merck, also known as MSD outside the United States and Canada, will begin construction of its new $3 billion, 400,000-square-foot facility at the Elkton, Virginia, site.

In an Oct. 20 announcement, the company noted that the new Center for Excellence in Pharmaceutical Manufacturing is part of its $70 billion investment plan for manufacturing and research within the United States.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Fed Leaves Rates Unchanged at Warshs 1st Meeting

Federal Reserve Chairman Kevin Warsh speaks at the White...

Home Sales Shaking Off Lackluster Early Spring, Data Show

A “For Sale” sign is posted in front of...

Central Banks Want More Gold, and Many Plan to Keep It on Home Soil

the Bank of England remains the most popular destination...

Trump Speaks to the Press in Paris Before Departing to Visit Versailles

Trump Speaks to the Press in Paris Before Departing...