AstraZeneca PLC Sold Its U.S. HQ But Will Spend $100 Million Expanding Its Australia Facility
Pharmaceutical giant AstraZeneca will spend $100 million expanding its Sydney facility, a move it says will add 60 jobs and boost exports to more than $2.4 billion over the next four years.
The announcement was made in London last night at a meeting between AstraZeneca chief executive Pascal Soriot and Prime Minister Malcolm Turnbull.
“Our latest investment is an example of the tremendous opportunities presented by hi-tech manufacturing and productivity, creating jobs, boosting exports and ultimately making a positive impact on the Australian economy,” Mr Soriot said.
The announcement was made in London last night at a meeting between AstraZeneca chief executive Pascal Soriot and Prime Minister Malcolm Turnbull.
“Our latest investment is an example of the tremendous opportunities presented by hi-tech manufacturing and productivity, creating jobs, boosting exports and ultimately making a positive impact on the Australian economy,” Mr Soriot said.