Bayer has released plans for a major expansion of its manufacturing operations in Berkley, Calif.
Over the next 30 years, Bayer says it will add 1 million square feet of work space to its 1.18-million-square-foot site. The company also plans to double its 1,000-employee work force.
The expansion will allow Bayer to add development and manufacturing capacity for its current line of hemophilia drugs. Bayer says it will also help use the expansion to leverage cutting-edge technologies for next-generation treatments for cancer, cardiovascular diseases and more.
Bayer first struck a development agreement with the city in 1992 and the expansion plans will extend that deal for another 30 years.
Read the full Daily Californian report.