Pfizer to Build Manufacturing Technology Center, Lonza Acquires US Manufacturing Sites, Hydro Invests in Facilities
PFE Pfizer Inc
$29.39 -1.64%
View chart & analysis → - 1Pfizer plans to build a manufacturing technology center of approximately 220,000 square feet within its Groton R&D campus in Connecticut.
- 2Lonza is acquiring five CDMO manufacturing sites in the US from Merck KGaA for a transaction value of several hundred million Swiss francs (low three digits).
- 3Hydro invested $53.5 million to establish a new 5,900 metric ton indirect extrusion press line at its Cresco facility in Pennsylvania.
So what's the key point?
Pfizer is building a manufacturing technology center at its research site, and Lonza is acquiring manufacturing facilities in the US. Hydro is also expanding its operations by investing $53.5 million in new equipment.
Source Manufacturing Dive · View original ↗
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