By Colin Kellaher

 

Becton Dickinson & Co. on Tuesday said it plans to invest $200 million in a new manufacturing plan in Spain to support the continued growth of its prefilled drug-delivery business.

The Franklin Lakes, N.J., medical-technology company said the new plant, which would produce drug-delivery devices, would employ 150 people in 2024 and up to 600 when full operations start in 2030.

Becton Dickinson said it plans to begin construction of the new plant, located in the city of Zaragoza in the Aragon region of Spain, in late 2021.

The plant, which would be the company's fourth manufacturing facility in Spain, would initially encompass about 86,000 square feet but would grow to roughly 323,000 square feet by 2020, the company said.

Becton Dickinson said the new plant would be a fully digital site and would meet high sustainability and eco-efficiency standards.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

May 18, 2021 06:32 ET (10:32 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Becton Dickinson (NYSE:BDX)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Becton Dickinson Charts.
Becton Dickinson (NYSE:BDX)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Becton Dickinson Charts.