Greenbacks from Pa. Yield Expansion, Jobs for Irish Pharma Firm in Souderton

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Pharma industry presence Almac Group, Souderton, is benefiting from a state grant.

Pa. Gov. Tom Wolf announced last week that Almac Group — a Northern Ireland pharmaceutical manufacturer with U.S. headquarters in Souderton — is using state grants to deepen its domestic presence.

$93.5 million in state-provided capital will, over the next three years, enable the firm to create 355 more jobs and increase its Montgomery County sq. ft. footprint by 40 percent. The investment will also fund upgrades to Almac satellite sites in Audubon and Lansdale.

The pharma enterprise manufactures, tests, and distributes medicines on behalf of patients worldwide. This fiscal, it has, in various partnerships, developed more than 300 drugs in 20 therapeutic areas that include oncology, cardiology, and immunology.

“It’s truly a testament to what our commonwealth has to offer, when an internationally successful company like the Almac Group chooses to expand its North American headquarters here in Pennsylvania,” said Gov. Wolf.

“This is the company’s second expansion during my administration,” he continued. “And I think our pro-business climate has a great deal to do with that. Pennsylvania is a great choice for companies looking to set up shop or businesses already located here who want to grow and thrive for years to come.”

Alan Armstrong, Almac Group chairman and chief executive, summed up: “We are delighted to mark this next milestone of our future in Montgomery County.”

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