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Business
Boehringer Invests Big In The U.S.
by Michael McCoy
November 21, 2011
| A version of this story appeared in
Volume 89, Issue 47
Boehringer Ingelheim will spend $65 million to build an R&D center at its U.S. headquarters in Ridgefield, Conn. The facility will produce active pharmaceutical ingredients used in early development activities. Boehringer, a family-owned drug company based in Germany, says the facility brings the value of the capital investments it has made in the U.S. this year to $350 million. For example, the company is spending $100 million to expand a biologics plant in St. Joseph, Mo., and $42 million on a drug safety assessment building in Ridgefield.
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