Bayer to Invest $2.2 Billion in a New Manufacturing Site in Ohio

What happened: Bayer announced plans to invest $2.2 billion in a new pharmaceutical manufacturing site in New Albany, Ohio, joined by Governor Mike DeWine and JobsOhio. Key numbers: $2.2 billion investment; around 600 jobs at the site and roughly 1,500 construction jobs; more than $7 billion in U.S. Why it matters: Bayer calls the project a central element of its long-term growth strategy and commitment to innovation and patient access in its largest pharmaceuticals market. The campus will support its portfolio in oncology, cardiovascular and renal care.

Bayer announced plans to invest $2.2 billion in a new pharmaceutical manufacturing site in New Albany, Ohio, joined by Governor Mike DeWine and JobsOhio.

Bayer calls the project a central element of its long-term growth strategy and commitment to innovation and patient access in its largest pharmaceuticals market. The campus will support its portfolio in oncology, cardiovascular and renal care.