PRA, contract research and clinical trial organization, will invest more than $10.9 million to expand its operations center in Blue Bell, Pennsylvania, with estimates of creating 250 full-time jobs. The firm leased nearly 150,000-square-feet in Montgomery County, with plans to invest in site renovations and improvements, new equipment and employee training.
“We are excited to receive assistance from the Pennsylvania Department of Community and Economic Development in order to expand in Southeastern Pennsylvania,” said PRA CEO and President Colin Shannon. “Thanks to the collaborative effort between us and the Corbett administration, we are better able to serve our clients.”
“Worldwide companies are choosing Pennsylvania to expand and grow their business and PRA is the latest company to invest in our talented and innovative workforce,” said Gov. Tom Corbett. “Our partnership with PRA will bring more than 250 family-sustaining jobs to Montgomery County.”
The Pennsylvania Department of Community and Economic Development partnered with PRA on a number of grants including an $112,500 Guaranteed Free Training grant to be used to train its new workforce. Additional funding includes a $750,000 Pennsylvania First Program grant that facilitates investment and job creation and $750,000 in Job Creation Tax Credits. The PRA project was coordinated by the Governor’s Action Team.