Lego to open U.S. factory after leaving the country 16 years ago
CBSN
Lego plans to invest more than $1 billion over the next decade to build a factory near Richmond, Virginia. The 1.7 million-square-foot factory, which is expected to open in 2025, will feature a carbon-neutral design and will employ more than 1,760 people, Virginia officials said Wednesday.
The Danish toy manufacturer, a family-owned company founded in 1932 in Denmark, closed its first U.S. factory in northern Connecticut in 2006 and moved the production to Mexico. As part of the company's latest investment, Lego said it will also expand and upgrade its facility in Monterrey, Mexico.
"The LEGO Group's decision to establish its U.S. manufacturing plant in Virginia shines a global spotlight on the advantages that make the Commonwealth the best business location in the nation, and we look forward to a long and successful partnership with this iconic company," Virginia Gov. Glenn Youngkin said in a statement.
A class of drugs known as GLP-1s have been helping people lose weight, but out of pocket costs put them out of reach for many Americans. In West Virginia, a subsidy program for public employees was showing promising results, but then the state abruptly ended it, leaving many searching for new solutions.