Mucinex maker to bring production to United States with promised new plant in Eastern NC [Yahoo! Finance]
RECKITT BENCKISR GP S/ADR (RBGLY)
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Source: Yahoo! Finance
pharmaceutical company Reckitt Benckiser Group received an economic incentive on Tuesday from North Carolina to open a new facility in Wilson County. The factory promises to employ 289 workers at an average wage of at least $80,182. Under its state agreement, Reckitt promises to create these jobs from 2025 to 2029. By the end of 2028, the company committed to invest at least $146 million into the future factory. Reckitt has one other U.S. plant, a vitamin production site in Salt Lake City, Utah. By choosing Eastern North Carolina, the company is poised to join a robust number of major biotech manufacturers, including Thermo Fisher Scientific, Novo Nordisk , Grifols, Pfizer and Catalent. In its latest annual report , Reckitt said Mucinex is the second top-selling cold and flu brand in the United States. In a separate 2023 report , the company said it is using Mucinex's brand to expand into the American sore throat treatment market. Making some Mucinex supply in the U.S. will af
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