Bristol-Myers Squibb to invest ~$2.3B in Houston manufacturing campus

1. 1Bristol-Myers Squibb (BMY) has unveiled plans to invest approximately $2.3 billion in a new manufacturing campus at Generation Park in Houston, Texas.
2. 2The roughly 600,000-square-foot modular facility will produce small molecules, biologics, and antibody-drug conjugates, and is expected to create around 500 full-time skilled jobs and about 2,000 indirect jobs between 2027 and 2030.
3. 3This is part of the company's commitment to invest $40 billion in U.S. research and development, technology, and domestic manufacturing over five years.

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