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Bristol Myers Squibb Expands in Houston with $2.3 Billion Facility and 500 New Jobs

· Texas Border Business

Bristol Myers Squibb is set to build a new pharmaceutical manufacturing campus in Houston, investing approximately $2.3 billion and creating nearly 500 jobs. Texas Governor Greg Abbott announced the project, which will receive a $4.89 million grant from the Texas Enterprise Fund. The facility is part of the Texas Jobs, Energy, Technology, and Innovation (JETI) program. Bristol Myers Squibb aims to enhance domestic manufacturing capabilities as part of a $40 billion commitment to the U.S. The project is expected to benefit local education and the economy, reinforcing Houston's position as a leading hub for life sciences.

AI summary · Source: Texas Border Business

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