Wednesday, March 14, 2012

Almac to spend $10M to expand in Montco

"Almac Group, the Northern Ireland-based provider of services to the pharmaceutical industry, will spend $10 million expanding a commercial packaging operation in Audubon, Pa.

"The privately held company, which moved its U.S. headquarters to Souderton in 2011, said it had been bulk manufacturing and packaging U.S. products from its location in the United Kingdom.

"With the addition of the Audubon facility, we will now be able to offer these packaging services local to the U.S. marketplace, providing cost saving and mitigating supply risks," said David Downey, Almac's vice president for commercial operations, in a statement.

Plans call for the new 100,000-square-foot operation in Montgomery County to open in the fall.

In other bricks-and-mortar news, the privately held FXI (once known as Foamex International) has opened a new "Research and Innovation Center" in Aston, Delaware County. That's where the Media-based company's chemists and engineers will work to turn foam into products for the home furnishings, health-care, electronics, automotive and other industries."

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