MNG Direct, a multichannel marketing solutions company, will consolidate its operations from three locations to its headquarters in Bensalem, Bucks County, Pennsylvania. The move is expected to create 57 jobs.
The company plans to invest $575,000 in the project, which will include the leasehold, improvements, and new equipment. MNG Direct has also committed to the creation of 57 new, full-time jobs, and to the retention of 68 current employees, over the next three years.
“The integration of our operations into this new headquarters facility provides MNG Direct with a strong foundation for future growth,” said MNG Direct CEO Steve Wray. “Our proximity to a diverse group of life sciences companies, as well as a strong base of talent in technology and communications, will allow us to effectively scale our business to achieve our vision as a leading marketing services provider in the region.”
MNG Direct received a funding proposal from the Pennsylvania Department of Community and Economic Development that includes a $50,000 Pennsylvania First Program grant and $114,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs.
“The bio-pharma industry in the southeast region of Pennsylvania is particularly strong, so it is a natural fit for MNG Direct, which works closely with clients in this field,” said Governor Tom Wolf. “With the benefits of this prime location, MNG Direct is focusing its efforts on an aggressive growth plan, while offering strong salary levels to employees. We are pleased with the company’s significant contribution to the economic well-being of the commonwealth and anticipate its continued growth and success into the future.”