How much is Bristol Myers Squibb investing in its new Houston manufacturing site, and what types of drugs will it produce?

Bristol Myers Squibb is investing about $2.3 billion to build a new manufacturing facility in Houston, Texas. The site will be a roughly 600,000-square-foot campus designed to manufacture small-molecule medicines as well as more complex drugs like biologics and antibody-drug conjugates, and it will be flexible enough to expand or reconfigure as pipeline needs change.

What job creation impact does Bristol Myers Squibb expect from the Houston facility, both during construction and after completion?

The project is expected to generate about 2,000 construction and related jobs between 2027 and 2030, and once operational, the new site will create nearly 500 skilled jobs.

Bristol Myers to build $2.3 billion manufacturing site in Houston

Aug 10, 2026

Bristol Myers Squibb plans a $2.3 billion drug manufacturing facility in Houston to produce small-molecule and biologic medicines, creating nearly 500 skilled jobs as part of a broader U.S. investment strategy amid tariff pressures.

reuters

2026-08-10

Bristol Myers to build $2.3 billion manufacturing site in Houston

Bristol Myers to build $2.3 billion manufacturing site in Houston

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