Biden signs $137 million deal for COVID test strip factory that will take THREE YEARS to build and will start producing by 2024

The Biden administration struck a $137 million deal to build a new factory in the U.S. to ramp up production of COVID-19 testing kits – but the new facility won't be completed until late 2024 at the earliest.

MilliporeSigma, a brand formed by Germany’s Merck KGaA, will build a new factory in Sheboygan, Wisconsin, the Defense Department announced as the U.S. hit a high record of 489,267 COVID cases on Wednesday 

While the contract gives the company three years to complete the facility, it is not immediately clear when it will ramp up to full production, which is expected to pump out 83.3 million tests per month.