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Amgen to Invest Additional $300 Million in Puerto Rico Manufacturing Facility

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-- Amgen (AMGN) said Monday it will invest an additional $300 million in its biologics manufacturing facility in Puerto Rico.

The Juncos site makes biologic medicines distributed to over 60 countries, the company said.

Amgen said that over the past year, it announced planned investments of $650 million in Puerto Rico, $900 million in Ohio, as well as $600 million in a facility in California. Amgen said it has also invested over $1.5 billion in North Carolina.

Price: $324.07, Change: $-5.75, Percent Change: -1.74%

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