Merck Animal Health announces $895 million investment in Kansas
May 8 (Reuters) - Merck Animal Health, a unit of Merck MRK.N, said on Thursday it would invest $895 million to expand its manufacturing facility in De Soto, Kansas.
The capital expansion includes an investment of $860 million in the site's existing manufacturing facility and a further $35 million in its research and development laboratories, Merck Animal Health said.
Commercial manufacturing is expected to begin in 2030, the company added, and would create more than 200 full-time roles.
Merck Animal Health is partnering with the state of Kansas on expansion of the existing manufacturing facility.
Other drugmakers such as Eli Lilly LLY.N, Johnson & Johnson JNJ.N and Gilead GILD.O have recently announced additional investments to boost domestic production amid U.S. President Donald Trump's tariff policies.
Trump had signed an executive order on Monday aimed at reducing the time it takes to approve pharmaceutical plants in the country to encourage domestic manufacturing.
Merck Animal Health said the investment will help expand filling and freeze dryer capacity for stabilizing and storing its vaccines.
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
