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Business

Almac expands in U.S. and Europe

by Rick Mullin
November 21, 2016 | APPEARED IN VOLUME 94, ISSUE 46

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Credit: Almac
A view of Almac’s headquarters facility at night.
Credit: Almac
A view of Almac’s headquarters facility at night.

The pharmaceutical services firm Almac is embarking on a $34 million expansion in the U.S. and Europe that should increase its staff by 9% to about 5,000 by the end of next year. The company will spend $25 million to expand its U.S. base near Philadelphia, which houses clinical and analytical service operations. Almac will also spend $6 million to add lab and office space at its global headquarters in Craigavon, Northern Ireland, and $3 million to expand the Arran Chemical plant in Athlone, Ireland, that it acquired last year.

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