Texas will be home to a new world-class vaccine manufacturing facility that will lead to the creation of 6,800 jobs and the generation of $41 billion in economic activity over the next quarter century.
That’s what Gov. Rick Perry said in making the announcement Tuesday at the Capitol.
The Governor said the facility at Texas A&M University in College Station will help protect the nation from biological threats, specifically influenza outbreaks.
Texas A&M Chancellor John Sharp also emphasized the economic impact.
“This is something that 20 years from now, I believe, people will say this was one of the most significant economic development moments that ever occurred in Texas, because what we are creating here, and will create, is the Third Coast of bio-pharmaceuticals," Sharp said. "It will be game-changing, not just for the world, and not just for Texas, but for folks everywhere.”
The project is a partnership between Texas A&M and pharmaceutical company GlaxoSmithKline, with some funding from the federal government.