AmerisourceBergen, a global pharmaceutical services company, is expanding into a new location in Conshohocken and expects to create at least 185 new jobs over the next three years.
“As a company, we just crested $100 billion in annualized revenues, and our growth in business is driving the opportunity to expand our presence in the Philadelphia area,” says Brett Ludwig, the company's vice president of communications. “The company will retain 1,200 existing Pennsylvania-based positions, 850 of which are in the Philadelphia area, and has committed to creating at least 185 new jobs over the next three years. In addition to the new office in Conshohocken, AmerisourceBergen will maintain its presence in the Valley Forge campus location.”
Ludwig adds that the new office will provide workspace for a variety of professional-level roles in finance, human resources and information technology.
AmerisourceBergen will lease and renovate Millennium III, an existing 70,000-square-foot office building in Conshohocken. The company plans to make a multi-million dollar investment at the site and the expansion is expected to be completed by end of 2014.
The company received a funding proposal from the state Department of Community and Economic Development, including a $675,000 Pennsylvania First Program grant that facilitates investment and job creation ,and $555,000 in Job Creation Tax Credits. AmerisourceBergen has accepted the funding proposal, applied for each grant and agreed to the terms prior to award receipt.
The expansion, said AmerisourceBergen President and CEO Steve Collis, “will give us the opportunity, in both our new and current locations, to make our associate work experience even more collaborative, rewarding and efficient.”
Source: Brett Ludwig, Amerisource Bergen
Writer: Elise Vider