Almac Group is planning a major expansion to its North American headquarters in Souderton that will considerably increase the company’s capacity for manufacturing, packaging, and storage. The plan caught Natalie Kostelni’s vision in the Philadelphia Business Journal.
The Irish company will invest $65 million into a 100,000-square-foot addition that will connect to its existing 240,000-square-foot onsite facility.
Almac completed its $120 million headquarters in Souderton in 2010. This newest expansion will build up the facility’s capacity by 60 percent, including:
- 200 percent increase in 2–8°C storage
- 140 percent rise in 2–8°C packaging
- 100 percent increase in 20°C packaging
- 30 percent expansion in 15–25°C storage.
The company will also grow its just-in-time manufacturing by 100 percent.
The Souderton expansion is part of the company’s overall $93.5 million investment in Pa. over the next three years. Almac also has facilities in Audubon and Lansdale for which capital improvements are planned as well.
Currently, the company has 1,500 employees in Montgomery County, with the majority working in Souderton. Almac plans to add more than 350 jobs in its three facilities over the following three years.
The expansion project is expected to be completed in 2024.
Read more about Almac Group in the Philadelphia Business Journal.