Pharma firm creates almost 350 jobs

Published Thursday, 14 August 2014
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Almost 350 high quality jobs are being created over the next five years by pharmaceutical firm Almac, marking an investment of £54m.

The company employs over 2,100 staff at its headquarters in Craigavon, Co Armagh, with an additional 1,380 staff located in facilities throughout the rest of the UK, USA and Asia.

The Almac Group operates in the pharmaceutical and biotechnology sectors, providing services including drug discovery, diagnostics and clinical trials.

Almac Pharma Services will take on 141 new staff, while Almac Clinical Services will provide 181 new positions.

The investments will also create a further 26 new jobs within the group.

Invest NI has offered the Almac Group £5.5million of support towards its investment.

Alan Armstrong, CEO of the Almac Group, said: "We are fortunate to employ an excellent highly-skilled workforce at our Craigavon headquarters which has played a major role in our global growth.

"It's fantastic that demand for our services has resulted in the creation of so many new jobs as we embark on further expansion over the next five years."

Enterprise Minister Arlene Foster said that the 348 new jobs will generate salaries of over £9.4m per annum when the projects are fully implemented.

"Almac is one of Northern Ireland's most successful indigenous companies and a globally respected brand.

"This significant investment will enable the company to expand the range of services it can offer, allowing it to respond to key trends within the pharmaceutical industry and enhance its market-leading position."

"This is a significant cash injection for the local economy. The investments are also good news for our growing life sciences sector, which is gaining an international reputation for innovation and excellence," she added.

© UTV News
Comments Comments
Joe in Glasgow wrote (163 days ago):
Sounds good on paper but it is over 5 years, just under 70 jobs a year. That's if it happens, that could all change at any time. Sounds like good news but I wouldn't get to excited just yet. The company is getting just under £6 million from NI invest. I wouldn't call these jobs high wage ether.
David G in Dromore wrote (163 days ago):
Do some research. Almac is a Northern Irish company through and through. So hardly getting money to relocate.
Rod in Carrick wrote (164 days ago):
Arlene foster has to be the worst minister in irish history! Well apart from poots. Almost 7% unemployment. I know times are hard, but a couple of jobs here and there is just not good enough!!
Jane in Newry wrote (164 days ago):
You forgot to include the company is getting almost £6 million to locate here.
Caolan in Belfast wrote (164 days ago):
Perfect! Because we all know that the overeducated and high earners dont have enough jobs! We definitely dont need jobs for people who are not university graduates of science or anything! Nope definitely not! Because everyone in this country is a scientist! It's not like the vast majority of the unemployed people in this country cannot do these jobs, I'm sure anyone can, so these jobs will be perfect for wee Tim from the Shankhill Road who has 4 GCSEs! Definitely not a case of the rich getting richer...
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