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Johnston County Votes to Support New Expansion for Novo Nordisk

For Immediate Release
Contact: Chris Johnson, Director
919-205-1232
919-915-6202 (cell)
chris.johnson@johnstonnc.com


JOHNSTON COUNTY VOTES TO SUPPORT NEW EXPANSION FOR NOVO NORDISK


Danish Pharmaceutical Leader to Invest $65 Million in Existing Diabetes Finished Product Manufacturing Facility
Johnston County, N.C. – February 5, 2018. Novo Nordisk, the world’s leading diabetes care company, will embark on a $65 million expansion at its Clayton campus, its third there since 2010. Headquartered in Denmark, the pharmaceutical company currently employs over 1,000 manufacturing workers in Johnston County and is likely to hire almost two dozen additional employees to staff its growing Diabetes Finished Products Facility (DFPF), which is responsible for the formulation, filling, inspection, assembly and packaging of diabetes and obesity medicines.


The expansion comes less than two years after the company broke ground on a $2 billion facility nearby that will produce Diabetes Active Pharmaceutical Ingredients (DAPI) for a range of current and future type 2 diabetes medications and insulins. That facility will employ an additional 700 bio-manufacturing workers.


“Johnston County is proud to have been part of Novo Nordisk’s growth and success for the past 25 years, and today’s announcement underscores our place at the heart of the company’s global business strategy,” said Jeffrey Carver, chairman of the Johnston County Board of Commissioners. The board voted unanimously this morning to approve an agreement with the company that will provide up to $1.9 million in performance-based grants in support of the expansion over the coming 13 years in support of the current expansion, and potentially more in the event of future expansion as long as Novo Nordisk reaches certain employment and investment targets. “We’re grateful to this exceptional corporate citizen for the value-added partnership it continues to build in our community.”


Founded in 1923, Novo Nordisk employs a global workforce of 41,700 across 77 countries, of which 5,000 people are located in the U.S. According to its most recent annual report, the company booked $112 billion in annual revenues. The company’s mission is to develop medicines to address the global pandemic in diabetes. In the U.S., the American Diabetes Association estimates that 30.3 million people have diabetes. More than a million North Carolinians are diabetic.
“We’re pleased to call Johnson County our home, and greatly appreciate the trust and partnership the Board of Commissioners and community have given us,” said Chad Henry, corporate vice president and general manager of Clayton’s Diabetes Finished Products site. “The inspiration that drives us to provide innovative care for our patients is matched by our enduring commitment to bringing jobs and economic growth to our community.”


Novo Nordisk’s DFPF in Clayton dates to 1993. In 2010, it launched a 120-job expansion there as part of a business partnership with Nypro, Inc. The company’s $2 billion DAPI facility, announced in August 2015 and believed to be North Carolina’s largest-ever industrial investment, is on track to be complete by 2021.


“There’s little risk of over-stating the importance of Novo Nordisk to Johnston County’s economy and indeed that of the Research Triangle Region,” said Cheryl Oliver, chairman of the Johnston County Economic Development Advisory Committee. “But it’s not simply a case of dollars and cents,” she added. “The company plays a vital role in our community through a variety of partnerships, sponsorships and volunteerism programs.” Novo Nordisk collaborates closely with Johnston Community College and Johnston County Public Schools, for example, in life sciences curricula at the Johnston County Workforce Center, a 30,000-sq.-ft. training facility built on land the company donated to the county. It is also the naming sponsor of the Town of Clayton’s 600-seat multi-purpose performing arts and events venue.

The Johnston County Economic Development Office (JCEDO) facilitates value-added interaction between government, education and the private sector in encouraging and promoting job creation and economic investment in Johnston County. A unit of county government, JCEDO collaborates with local, regional and statewide partners and allies in providing confidential location assistance to businesses and technical support to the county’s 11 municipalities. Its menu of services includes customized digital mapping, labor and wage analysis, site readiness assistance and incentive packaging. For additional information, visit www.jcnced.com

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Johnston County Economic Development Office
3149 Swift Creek Road, Smithfield, NC USA 27577
Phone: 919-205-1232     E-Mail: econdev@johnstonnc.com