The mega biotech firm\u2019s arrival in New Albany overshadowed by Intel<\/p>\n
BYLINE: SiliconHeartland.com staff<\/p>\n
<\/p>\n
With so much focus on the Intel development, the arrival of Amgen in northwest Licking County may have gotten overlooked. Which is saying a lot since Amgen is a Fortune 500 company with a worldwide presence.<\/p>\n
Here are some fast facts about the biotech business and its New Albany project.<\/p>\n
What is Amgen?<\/b><\/p>\n
\u201c<\/span>Amgen is a pharmaceutical company that uses advanced genetics to make biological medicines<\/span>,\u201d according to Investopedia. \u201c<\/span>Founded in 1980 as Applied Molecular Genetics, Amgen’s current specialty is human therapeutics, developing treatments for severe asthma, plaque psoriasis, and small-cell lung cancer.\u201d<\/span><\/p>\n Where is its headquarters located?<\/b><\/p>\n Thousand Oaks, California.<\/p>\n What is its annual revenue?<\/b><\/p>\n Annual revenue for the publicly held company (AMGN) was more than $26 billion in 2021 placing it at No. 140 on the 2022 Fortune 500 list. Amgen employs more than 24,000 employees across the globe.<\/p>\n What is it building in New Albany?<\/b><\/p>\n On Nov. 5, 2021, Amgen broke ground on a biomanufacturing \u201cfinal product assembly and packaging\u201d plant that is expected to fully open in 2024, according to the company. It is located on Ganton Parkway, near Beech Street and the Franklin and Licking county lines south of St. Rt. 161. It is just a few miles from the Intel development. Amgen bought the 131 acres on Sept. 1, 2021, for $25,025,600, according to records at the Licking County Auditor\u2019s office.<\/p>\n An Amgen official told SiliconHeartland.com that one of the packaging lines is already in operation to meet high demand as the rest of the site continues to get built. <\/span><\/p>\n Why New Albany?<\/b><\/p>\n According to an Amgen press release, \u201c<\/span> \u2018The positive business climate, access to a growing and diverse talent pool and the convenience from a logistics perspective were all important factors in our decision,\u2019 said <\/span>Arleen Paulino<\/span>, senior vice president of Manufacturing at\u00a0<\/span>Amgen<\/span>. \u2018We are very excited to be here and to build strong connections with the local community.”<\/span><\/p>\n What is the impact of the New Albany site?<\/b><\/p>\n Amgen announced it will invest $365 million and employ about 400 people.<\/p>\n \u201cAmgen<\/span>, a founding member of the\u00a0<\/span>OneTen Coalition<\/span>, a coalition of 35 of the world’s largest, best-known companies, plans to use its resources to change the employment paradigm for Blacks in the\u00a0<\/span>U.S.,\u201d according to a company press release.<\/span>\u00a0\u201c<\/span>The Coalition<\/span>\u00a0aims to hire\u00a0one\u00a0million Black Americans into good-paying, family-sustaining jobs over the next\u00a0ten\u00a0years. To achieve this goal,\u00a0<\/span>Amgen<\/span>\u00a0will work with businesses, educational institutions and training partners to better develop, retain and advance diverse talent, focusing on Black Americans without four-year college degrees.\u201d <\/span><\/p>\n","protected":false},"excerpt":{"rendered":" The mega biotech firm\u2019s arrival in New Albany overshadowed by Intel BYLINE: […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n