The biotechnology company Amgen plans to build a $365 million pharmaceutical factory in New Albany that will employ 400 workers.

The Ohio Tax Credit Authority Monday approved a state tax credit for the project in the New Albany International Business Park, near routes 62 and 161.

Amgen, based in Thousand Oaks, California, plans to start work in the fall on the 270,000-square-foot facility.

In a news release announcing the decision, the company said “the facility will feature Amgen’s most advanced assembly and final product packaging capabilities for medicines to be distributed in the U.S.”…Read the article at Dispatch.com.