PA: Almac Group to Invest $100M to Expand Facilities, Add 312 New Jobs
14 Nov, 2016
As part of a stop on his ‘Jobs that Pay’ tour, Department of Community and Economic Development Secretary Dennis Davin announced that Almac Group, Inc., a global contract pharmaceutical development and manufacturing organization, will expand operations at its existing U.S. headquarters in Souderton, Montgomery County, and double its physical presence in nearby Lansdale, Montgomery County. The company’s expansion will create 312 new jobs over the next three years.
“In 2007, Almac Group invested $100 million, retained 495 jobs, and created another 264 jobs, when it successfully established its U.S. headquarters in Pennsylvania,” said Governor Wolf. “Since then, we’ve seen Almac Group’s significant contributions to the economic vitality of the region as a major player in southeastern Pennsylvania’s strong bio-pharma industry, and we look forward to its continued success as it once again chooses Pennsylvania for its operations expansion.”
While a majority of Almac Group’s growth can be accommodated within its current 240,000-square-foot headquarters facility, the company will lease an additional 26,000 square feet of office space in Lansdale. Almac Group plans to invest more than $24.4 million in the expansion project, including substantial investments in new machine lines, computer equipment, software, and an expanded cold storage area. Additionally, the company has committed to the creation of 312 new, full-time jobs over the next three years, and to the retention of 1,110 existing employees.
“Due to significant industry demand for our services, it is essential we build capacity and increase headcount to ensure we continue to compete at a global level. This year we are celebrating our 20th year in the US, and having experienced tremendous success we are excited to make a further commitment within the Montgomery County area,” said Almac Group CEO Alan Armstrong. “This investment signifies our confidence in the pool of talent and skills right on our doorstep. We truly appreciate the guidance and support provided by both the Governor’s Action Team and the Department of Community and Economic Development throughout this entire process and look forward to a very exciting future together.”
Almac Group received a funding proposal from the Department of Community and Economic Development comprised of a $1.56 million Pennsylvania First Program grant.
The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania, in collaboration with DCED’s Office of International Business Development.
Headquartered in Craigavon, Northern Ireland, Almac Group, Inc. is an established contract development and manufacturing organization that provides an extensive range of integrated services to companies within the pharmaceutical and biotech sectors, globally. The company’s services include research and development, biomarker discovery, development and commercialization, active pharmaceutical ingredients manufacture, formulation development, and clinical trial supply. Almac Group employs more than 4,500 highly skilled personnel throughout its operations in the UK, Ireland, the United States, and Asia.
The ‘Jobs that Pay’ tour is an effort by state agencies to promote good-paying, family-sustaining jobs and career-paths available to job-seekers across the commonwealth, and to listen and learn from employers and employees about workforce development needs.
For more information about Almac Group, visit www.almacgroup.com.