Reported about 3 hours ago
Cencora has announced a $1 billion investment to enhance its pharmaceutical distribution infrastructure in the U.S. by 2030. Key projects include a new 530,000-square-foot distribution center in Ohio, scheduled for operation by spring 2027, and a nearly doubled facility in California by fall 2026. The expansion also focuses on increasing cold storage capacity in Alabama to meet the rising demand for specialty pharmaceuticals. This investment aims to strengthen the reliability of supplies, ensuring that healthcare providers can efficiently access necessary medications.
Source: YAHOO