"After receiving a Keystone Opportunity Zone designation on 15 acres in Bristol Township, Express Scripts has decided not to relocate and expand its local operations, according to a published report.
The company was set to expand into a 241,000-square-foot building off Rittenhouse Circle that once housed Jones New York. Express Scripts won approvals to designate the property as a KOZ, giving it steep breaks on state and local taxes for the next 10 years. It was expected to add 60 jobs beginning next year as part of its plans.
The St. Louis-based pharmaceutical distribution company told The Intelligencer newspaper that it won’t move forward with those expansion plans and has yet to decide what to do with its existing operations in Bucks. The company employs 950 people in two Bensalem sites.
The company’s plans started teetering after contract talks between the company and the Service Employees International Union faltered, according to the Intelligencer. The company couldn’t be reached for additional comment."
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