Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

AmerisourceBergen Invests $39.3 Million To Establish Newburgh, New York, Distribution Hub

06/02/2015
AmerisourceBergen, one of the largest pharmaceutical sourcing and distribution services companies, will invest $39.3 million to build a state-of-the-art distribution center in Newburgh, New York. The company plans to create 121 new jobs.

The Newburgh facility joins AmerisourceBergen’s 26 other distribution centers and four specialty distribution centers in the United States. Chuck Ball, Senior Vice President of Distribution Services at AmerisourceBergen said, “By expanding our distribution capabilities in New York State, we can better serve our customers by continuing to improve product access, increase supply chain efficiency and enhance patient care. New York has been a great partner to our existing operations in North Amityville and continues to provide true partnership in expanding our capabilities in the state.”

As an incentive, Empire State Development provided AmerisourceBergen with up to $1 million in performance-based Excelsior Jobs Program Tax Credits, and AmerisourceBergen agreed to hire 121 new employees in the next two years and maintain those staffing levels through at least 2025. The company will be required to annually submit evidence that it satisfied all the applicable requirements.

Howard Zemsky, Commissioner/President/CEO of Empire State Development said, “AmerisourceBergen further diversifies the economy of the Mid-Hudson Valley and will help assure the region’s long-term stability. With more and more companies choosing to locate in New York, Governor Cuomo’s economic development programs are a continued success.”

“This decision will bring jobs, private investment and a new economic energy to Newburgh and the entire region,” Governor Andrew Cuomo said. “I welcome AmerisourceBergen to the Hudson Valley and will continue this administration’s efforts to improve New York’s business climate and help bring new companies and new jobs to this and every part of the state.”

Share

Exclusive Research