Company: Novo Nordisk Parent Company: Novo Holdings A/S Subsidy Source: multiple Location: North Carolina City: Clayton County: Johnston Project Description: insulin manufacturing facility Year: 2016 Major Industry of Parent: pharmaceuticals Specific Industry of Parent: pharmaceuticals Subsidy Value: $109,900,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Number of Jobs or Training Slots: 700 Capital Investment: $1,800,000,000 Source of Data: Details are taken from: Drew Jackson, "Novo Nordisk breaks ground on $1.8B Clayton Expansion," Raleigh News & Observer, March 29, 2016. Notes: Novo Nordisk was awarded a $15.9 million Job Development Investment Grant from the state and a 15-yearproperty tax abatement from Johnston County said to be worth $94 million. The company agreed to double its workforce in the county by creating 700 new positions. Overlaps with main Subsidy Tracker data: none. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.