Almac commits to $65M expansion for its Pennsylvania HQ amid wider investments
A Northern Irish contract manufacturer is making some big moves in the Keystone State.
The Almac Group, a global contracting and manufacturing company for APIs and pharmaceuticals is expanding its North American headquarters in the town of Souderton, PA, northwest of Philadelphia.
The company is looking to invest $65 million into the facility with the plan being to increase the clinical capacity at the facility by 60%. Almac is also looking to add additional cold and ultra-low storage as well as just-in-time processing capabilities which Almac predicts will be to support the industry trend toward biologics and advanced therapeutic medicinal products (ATMPs).
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