- Novo's new $1.2 billion manufacturing facility in Johnston County, NC, will provide jobs for 691 workers, who will be hired over the next five years.
- Novo has often been touted for a commitment to diversity in its workforce.
- North Carolina is providing $1.7 million in funding to support worker training for this initiative.
Novo is on a roll. With strong half-year financials—about $8 billion in sales and $4 billion in profits—the company is ready to expand its presence not far from an existing plant in Clayton, NC. Novo has a large, and growing, global workforce, with 39,000 employees in 75 countries.
On the jobs front, this is good news for biopharma industry workers in NC, which has taken a hit recently in terms of layoffs from several companies, including GlaxoSmithKline, Salix Pharmaceuticals, Parexel International, Hospira, and Eisai.
Even better? The average annual wage for the new jobs will be $68,240, which is twice Johnston's County's average annual salary.