German pharma major to invest $217 million in US manufacturing site expansion
Boehringer Ingelheim has announced a $217 million investment to upgrade and expand its Fremont manufacturing facility in the USA.
This investment will bring nearly 300 new high-wage and highly-skilled positions to the City of Fremont in California, said the German family-owned pharma major.
The site was recently awarded $25.5 million in two separate tax credits from the state, making them the largest award to a pharmaceutical company. This significant expansion will enable the company to increase its manufacturing capacity by one-third.
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