Johnson & Johnson Vision

Johnson & Johnson Vision is working toward a minimum $30 million investment to upgrade and expand the central utilities plant at its Jacksonville campus, which makes Acuvue disposable contact lenses. The expansion includes a 15,421-square-foot addition and utility upgrades.

Johnson & Johnson Vision announced it will acquire TearScience through Abbott Medical Optics. Financial terms were not disclosed. The acquisition is expected to close by the end of 2017.