SOURCE: Industrial Info Resources

February 25, 2009 06:30 ET

Bio Giant Amgen Taps Jones Lang LaSalle for $500 Million Facilities-Management Contract, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 25, 2009) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Like virtually every other company in the Pharmaceutical & Biotech Industry, Amgen Incorporated (NASDAQ:AMGN) (Thousand Oaks, California) is looking for ways to slash costs. The company's most recent move to economize was the decision to contract out the facilities-management portion of its operations. As a result, Amgen has entered into a $500 million, five-year contract with Jones Lang LaSalle Americas (Chicago, Illinois).

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