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13 Jul 2012

BMS to Expand Puerto Rican Site

Bristol-Myers Squibb is expanding its Humacao facility in order to manufacture additional medicines on the island of Puerto Rico.

Bristol-Myers Squibb has announced plans to expand its facility in the Puerto Rican city of Humacao, with a view to producing additional medicines in the country.


The $165 million expansion will add manufacturing capacity at the 48.5-acre site, involving renovations to existing buildings and the construction of 82,000 sq ft of new space for the production of type-2 diabetes medicines.


According to the company, the investment will create 100 new full-time jobs from 2016.


Ricardo Zayas, senior vice-president of pharmaceutical manufacturing at Bristol-Myers Squibb, said: "This significant investment in our Humacao facility supports the company's mission of delivering innovative medicines that help

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