Northern Ireland-Based Almac Group Expands Souderton, Pennsylvania, U.S. Headquarters
The company will add 100,000 square feet to their existing 246,000-square-foot facility at 25 Fretz Road in Souderton. The investment also includes upgrades at Almac’s other Montgomery County sites in Audubon and Lansdale, to meet increased and next generation client demand.
“We are delighted to mark this next milestone of our future in Montgomery County,” said Alan Armstrong, Almac Group CEO. “We look forward to welcoming over 350 new employees, who will be an essential part of our continued success over the next three years. Almac Group’s mission is to advance human health and we are committed to re-investing all of our profits back into the business to ensure we are market leading for our clients and patients and offer the best possible work environment for our people.”
The company received a funding proposal from the Pennsylvania DCED for a $1.78 million Pennsylvania First grant and a $250,000 workforce development grant to train its new workers; the company was also encouraged to apply for the department’s Manufacturing Tax Credit and Research and Development Tax Credit programs.
“Having an internationally-renowned company like Almac choose to expand in the commonwealth is proof of Pennsylvania’s strong pro-business climate, and how much we have to offer to companies,” said Department of Community and Economic Development Acting Secretary Neil Weaver. “This project is creating and retaining good paying jobs for the region, and we are proud to have had a role in bringing this expansion to fruition.”
Almac Group is a global company based in Northern Ireland that is at the forefront of developing, manufacturing, testing, and distributing essential medicines to vulnerable patients around the world.The company has held operations in Pennsylvania for more than 20 years and officially opened a North American headquarters site in Souderton in 2011.
“Almac’s growth in Montgomery County builds on our strength as Pennsylvania’s county with the highest concentration of jobs in the bio-medical sector in the state,” said David Zellers, Director of Commerce, Montgomery County. “There are incredible opportunities for innovation and investment from the largest, global brands that have a presence in our communities and the entrepreneurs that are making the greater Philadelphia region the world’s leader for the next generation and beyond in the life sciences, medicine, and bio-tech.”
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