Ohio Gov. Mike DeWine announced Thursday that Abbott Laboratories plans to build a new powder-formula plant in Ohio that will cost $536 million and will create 450 permanent jobs.
DeWine’s office sent a statement to media Thursday morning announcing that the facility will be built in Bowling Green and will produce specialty and metabolic powder nutritional products.
State and local incentives still need to be approved, but the plan is to break ground in 2023 and complete construction in 2026. JobsOhio plans to provide assistance for the project, details of which will be made public after the agreement is finalized, the statement said.
“Abbott’s history in formula production goes all the way back to Columbus in the early 1900s,” DeWine said in the statement. “We’re glad Abbott is advancing its future here in Ohio as they bring a cutting-edge facility to Bowling Green that will support job growth and improve the supply chain for critical formula products nationwide.”
Abbott had to close its plant temporarily in Sturgis, Mich., this year, exacerbating an infant-formula shortage this year that families are still struggling with.
“The addition of this new facility will help to ensure that life-sustaining formulas are available and accessible when needed,” DeWine said.
Abbott first announced in October that it was planning to build an approximately $500 million powder formula plant, but didn’t determine the location until this week.
“Abbott has long been part of Ohio, and we’re proud to become part of the local community in Bowling Green,” Abbott CEO and Chairman Robert B. Ford said.
Source: ABC News