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Amgen to expand in RI

CtownMikey

By CtownMikey
in Rhode Island

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mental757 Burg

mental757

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looks like Amgen is going to lease what will be the former GTech HQ in WG early next year and add 450 jobs - this is great news regarding jobs and it takes what might have been available class A office space off the suburbian market which should push potential commercial customers into the city.

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mental757 Burg

mental757

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and the news announced today is that they will be leasing the soon to be former G-Tech HQ right next door to the Amgen plant in WG off route 95. Not sure if the 450 new jobs are the ones already announced, ot they going to add another 450 jobs - but good news either way.

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Frankie811 City

Frankie811

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looks like Amgen is going to lease what will be the former GTech HQ in WG early next year and add 450 jobs - this is great news regarding jobs and it takes what might have been available class A office space off the suburbian market which should push potential commercial customers into the city.

Amgen to move into GTECH building

WEST GREENWICH -- Amgen, the world's largest biopharmaceutical company, announced this afternoon that it will lease GTECH's West Greenwich corporate headquarters to accommodate plans to add 450 jobs this year.

Amgen will enter into a 7-year lease with an option to buy the building, according to company officials and Governor Carcieri, who announced the plan today at a West Greenwich press conference.

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damus Burg

damus

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Amgen to move into GTECH building

WEST GREENWICH -- Amgen, the world's largest biopharmaceutical company, announced this afternoon that it will lease GTECH's West Greenwich corporate headquarters to accommodate plans to add 450 jobs this year.

I thought that was the plan all along....

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Frankie811 City

Frankie811

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when GTech announced their new HQ, Amgen was said to be buying the GTech facility but then backed away from that plan - now they are officially going to lease it.

Oh yes, now I remember that. Maybe both parties just needed to back away from the table for a while and re-group.

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runawayjim Metropolis

runawayjim

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Oh yes, now I remember that. Maybe both parties just needed to back away from the table for a while and re-group.

whatever the case may be... this is good news. i imagine that building can handle future amgen expansion beyond the 450 additional employees...

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runawayjim Metropolis

runawayjim

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not sure about how many more they could fit - the article in todays Projo says about 300 Amgen folks will sit in the new building and GTech is still going to use the manufacturing section of the complex.

ah, didn't realize gtech was still using part of the building. that makes more sense as to why amgen is only leasing it.

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mental757 Burg

mental757

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ah, didn't realize gtech was still using part of the building. that makes more sense as to why amgen is only leasing it.

Yes, and it seems that the building is still up for outright sale by GTech. With a fully leased building by 2 differant tenants, the price for the sale should be higher than if it were empty. Amgen has a purchase rights option as well...

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runawayjim Metropolis

runawayjim

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Yes, and it seems that the building is still up for outright sale by GTech. With a fully leased building by 2 differant tenants, the price for the sale should be higher than if it were empty. Amgen has a purchase rights option as well...

hopefully amgen will buy it on the off-chance that gtech moves their manufacturing elsewhere and amgen can further expand.

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mental757 Burg

mental757

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hopefully amgen will buy it on the off-chance that gtech moves their manufacturing elsewhere and amgen can further expand.

Either way, an Amgen purchase further solidifies thier presence in RI.

Now, if we can just score that Bristol-Myers plant... :thumbsup:

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CtownMikey Burg

CtownMikey

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it shows Bristol Myers that Amgen likes RHODE ISLAND... that, along with our educated work force, geographic location, abiliy to call upon our elected officials in a short time frame, and that new bill that was passed recently in favor of bio tech in RI,........ I say we have a great shot

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Frankie811 City

Frankie811

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Sales slump spurs staff cuts at Amgen

WEST GREENWICH -- Pharmaceutical giant Amgen Inc. has announced plans to reduce its staff by 12 to 14 percent in response to slumping sales of its anemia drugs.

Amgen employs 1,700 people at its manufacturing plant in West Greenwich.

In a statement today, the company said it plans to close several production operations. It did not mention any by name.

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