Bayer flushes money into the Nordics with $303M down payment on new Finnish plant, expansion
At the start of the year, drug giant Bayer telegraphed its intent to ramp up production of contraceptives to help support countries in need. Now, the company is building a new plant in Finland and modernizing an existing plant to help reach that goal.
The project will cost $303 million and expand the company’s footprint in Turku, Finland’s oldest city. The plant is expected to go online by 2025.
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