ANNAPOLIS, MD – Governor Larry Hogan today joined with Frederick County and City officials and executives from AstraZeneca at a ribbon cutting ceremony for a $200 million expansion of the company’s biologics manufacturing center in Frederick. Just recently, McCormick & Company, Inc., announced their plan to keep its headquarters in Hunt Valley, Maryland.
“I am excited to participate in this groundbreaking, and to see an important company like AstraZeneca, whose work makes a meaningful difference to patients across the nation, expand its footprint here in our state,” said Governor Hogan. “Companies like AstraZeneca and McCormick are shining examples of where our state is headed with respect to job creation and economic development.”
Announced in late 2014, the project is expected to create 300 new jobs and increase production capacity to support AstraZeneca’s maturing pipeline. Additionally, the expansion will position the company to keep pace with a growing demand for the development and use of biologics, which currently represent nearly 50 percent of AstraZeneca’s overall pipeline.
Expected to be complete in mid-2017, the expansion will add approximately 40,000 additional square feet of manufacturing, laboratory and administrative space to the existing building.
The Frederick site is AstraZeneca’s largest biologics manufacturing facility within the company’s global network and portfolio of assets, and a worldwide industry leader in cell culture manufacturing. The site currently produces a pediatric medication, as well as other investigational biologic products.
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Just wondering about the Maryland counties, How much income from small and large businesses comes from P.G. County? How much does the government spend(Federal and State) on P.G. County in the form of entitlements and why?
ReplyDeleteWhat does this county offer in the form of economic activity to be independent of government help?
Just curious !
Do other counties in Maryland suffer do to the large amount of aid given to P.G. county ?
P.G. county is a pretty good leech on the state...there are sooo many that are dependent on government handouts - compared to the folks that actually work at job locations in the county that actually live elsewhere.....
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