Bayer to Invest $2.2 Billion in New Manufacturing Plant in Ohio
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New informationRepeats or wire copies
What happened
Bayer announced a $2.2 billion investment in a processing and manufacturing plant located in central Ohio. The facility will produce drugs used to treat cancer and heart disease. Gov. Mike DeWine stated that this project is the state’s largest ever international healthcare project and the largest German direct investment in Ohio history.
From woub.org
Why it matters
The investment is expected to bring 1,500 construction jobs and 600 permanent jobs to the region. Construction on the 200-acre plant is planned to begin by the middle of next year, with hiring expected to start soon.
Ohio Governor Mike DeWine announced investments through Senate Bill 450.
From woub.org
Who's involved
- Mike DeWineGovernor of Ohio and host of the major international investment.
- BAYERGerman pharmaceutical and biotechnology company receiving the investment.
- OhioState of the United States of America hosting the major manufacturing base.
How it developed
Newest first. Tap a step to see who reported it.Bayer announced a $2.2 billion investment in a new manufacturing site in Ohio.1 source
DeWine announced Bayer's investment in an Ohio plant.1 source
Keep exploring
Part of
Ohio Governor Mike DeWine announced investments through Senate Bill 450.Also in this story
- State government announced tax credits for investment projects in Putnam County, Ohio, via the Governor's office.
- Governor DeWine announced an $8.8M infrastructure investment in Ohio.
- Governor DeWine backed a $400M agricultural investment and hosted outreach initiatives in Ohio.
The entities involved
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Mike DeWine
Governor of Ohio since 2019
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BAYER
company in Prague, Czechia
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Ohio
state of the United States of America