BD to Build New €165 Million Manufacturing Facility in Zaragoza, Spain To Support Ongoing Strong Growth of Pre-Filled Drug Delivery Business

Rhea-AI Summary

BD (Becton, Dickinson and Company) will invest €165 million ($200 million USD) to establish a high-tech manufacturing facility in Zaragoza, Spain, projected to create 600 jobs by 2030. The construction is set to start in late 2021, contributing to BD's 2025 growth strategy of expanding pre-filled syringe manufacturing capacity. The new plant will be fully digital, aligning with sustainability standards, and aims to support COVID-19 vaccination efforts and other biologic drug deliveries in the European market.

Positive

• Investment of €165 million ($200 million USD) for a new manufacturing facility.
• Creation of up to 600 jobs by 2030.
• Facility will enhance production for drug delivery devices, supporting major vaccination campaigns.
• The site adheres to high sustainability and eco-efficiency standards.

Negative

• None.

MADRID, May 18, 2021 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, will build a €165 million ($200 million USD) high-tech manufacturing facility in the city of Zaragoza, located in the Aragon region of Spain, that will create up to 600 jobs by 2030.

BD plans to begin construction of the new plant in late 2021, and the new facility will be the fourth manufacturing plant for BD in Spain. The site will initially have a workforce of 150 people and encompass an area of 8,000 square meters (86,000 square feet). By 2030 it is expected to employ up to 600 people with an area of 30,000 square meters (323,000 square feet). The new facility will meet high sustainability and eco-efficiency standards, and it will be a fully digital site, incorporating the latest in intelligent and autonomous technologies, also knowns as Industry 4.0 solutions.

"BD's new plant in Zaragoza will produce drug delivery devices, primarily for pharmaceutical companies that supply the European market with drugs in pre-fillable syringes such as vaccines and other biologic drugs," said Eric Borin, worldwide president of BD Pharmaceutical Systems. "This new plant will also add needed capacity to support major vaccination campaigns, such as the one currently taking place in response to the COVID-19 pandemic."

The new site represents a portion of the $1.2 billion USD investment over four years that was announced in December 2020 to expand and upgrade manufacturing capacity and technology for pre-fillable syringes (PFS) and advanced drug delivery systems (ADDS) as part of BD's 2025 growth strategy. The new site also continues BD's commitment to Spain, where it started operations more than 40 years ago and currently has three production plants located in San Agustín de Guadalix, Fraga and Almaraz. These facilities produce a total of 10 billion medical devices each year and employ 1,500 people. The Fraga plant is a key production site for the manufacture of COVID-19 vaccination injection devices.

"After the December 2020 announcement of BD's intention to build a new plant in Europe, a detailed site location search process resulted in Zaragoza, Aragon being selected because of the optimal conditions offered by the region, the synergies that could be produced with BD's Fraga facility, and the results and excellent performance of the plants that currently exist in Spain," Lourdes López, general director of BD in Spain and Portugal, added.

The planned site in Zaragoza is subject to administration process completion.

About BD
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its 70,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care. For more information on BD, please visit bd.com or connect with us on LinkedIn at www.linkedin.com/company/bd1/ and Twitter @BDandCo.

 

Contacts:
Media:	Investors:
Troy Kirkpatrick	Kristen M. Stewart, CFA
VP, Public Relations	SVP, Strategy & Investor Relations
858.617.2361	201.847.5378
troy.kirkpatrick@bd.com	kristen.stewart@bd.com

                                                                                                                                                           

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SOURCE BD (Becton, Dickinson and Company)

FAQ

What is the purpose of the new BD manufacturing facility in Zaragoza?

The new facility will produce drug delivery devices, primarily for pharmaceutical companies supplying the European market, including pre-fillable syringes for vaccines.

How much is BD investing in the Zaragoza facility?

BD is investing €165 million ($200 million USD) to build the new manufacturing facility.

How many jobs will the Zaragoza facility create?

The Zaragoza facility is expected to create up to 600 jobs by 2030.

When will construction of the BD facility in Zaragoza begin?

Construction of the new plant is scheduled to begin in late 2021.

What is the size of the new manufacturing site in Zaragoza?

The initial site will cover 8,000 square meters (86,000 square feet), expanding to 30,000 square meters (323,000 square feet) by 2030.