A global pharmaceutical services company, AmerisourceBergen will expand its operations by leasing and renovating an existing 70,000-square-foot office building in Conshohocken, Montgomery County, Pennsylvania, called Millennium III. The company has committed to creating at least 185 new jobs over the next three years.
AmerisourceBergen will maintain its presence at its Valley Forge campus headquarters. The company plans to make a multi-million dollar investment at the site and the expansion is expected to be completed by end of 2014. The company will retain 1,200 existing Pennsylvania-based positions, 850 of which are in the Philadelphia area.
“Over the past few years AmerisourceBergen has experienced tremendous growth as we execute on our key initiatives. In pursuit of continued growth it has become necessary to expand our presence in the Philadelphia area,” said AmerisourceBergen President/CEO Steve Collis. “This will give us the opportunity, in both our new and current locations, to make our associate work experience even more collaborative, rewarding and efficient.”
“Providing a creative workplace spurs innovation among our associates, fosters collaboration and increases our ability to better serve patients and our partners,” said Collis. “The easily accessible Millennium III gives AmerisourceBergen the opportunity to continue to attract top talent to our company as we look to increase our workforce in the region. It is our associates that shape healthcare delivery every day, and our workplace experience is a reflection of that mission.”
The company received a funding proposal from the Pennsylvania Department of Community and Economic Development including a $675,000 Pennsylvania First Program grant that facilitates investment and job creation and $555,000 in Job Creation Tax Credits. AmerisourceBergen has accepted the funding proposal, applied for each grant and agreed to the terms prior to award receipt.
“We formed the Life Sciences Leadership Advisory Council to strengthen what is already a burgeoning Pennsylvania industry.” said Governor Tom Corbett. “We are using the Council’s recommendations to support new growth and the creation of good-paying jobs. This partnership with AmerisourceBergen is an investment in 185 new jobs and a commitment for the future of the life sciences industry that remains a keystone of Pennsylvania’s economy.”