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Merck and J&J to Build New Factories in China

publication date: Nov 15, 2013
Merck KGaA and Johnson & Johnson each announced they will build new manufacturing facilities in China, signifying that multinationals regard recent problems in the China marketplace as a short-term phenomenon, not a long-term trend. Yesterday, in a similar move, Lilly said it would build a $350 million plant in China to produce insulin cartridges. More details....

Stock Symbols: (Xetra: MRK) (NYSE: JNJ) (NYSE LLY)

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