Governor Tom Wolf announced that Express Med Pharmaceuticals, an innovative pharmacy and pharmacy provider, will expand its existing operations in Monaca. Express Med Pharmaceuticals will invest $ 8 million in the expansion, retaining 34 jobs and creating nearly 700 new full-time jobs at its Beaver County facility. Express Med Pharmaceuticals was acquired by SelectQuote, Inc. and intends to expand its Center Township site, home to inventory, process flow, staging, and shipping and receiving operations.
“This funding serves as an invaluable tool in Express Med Pharmaceuticals’ continued growth in the Commonwealth and in its ability to serve its consumers for healthcare needs,” Governor Wolf said. “With their latest investment in western Pennsylvania comes hundreds upon hundreds of new jobs for the region and my administration is thrilled to see the new opportunities this expansion will bring to Monaca at a critical time for the state’s economic recovery.”
Founded in 1998 as Express Med Pharmacy Services, the company operated as a traditional mail order pharmacy. More recently, the company renamed itself Express Med Pharmaceuticals with an outward-facing brand, my-medPak. The company has developed an innovative pill packaging solution tailored to each patient’s unique needs, focusing on multiple individual dosages per day and time.
“It is fantastic to be able to partner with the state of Pennsylvania on the expansion of SelectRx (Express Med Pharmaceuticals) and to be able to create additional employment opportunities in the state,” said Tim Danker, CEO of SelectQuote, Inc. “The expansion of SelectRx is an important part of the growth of SelectQuote and our health services platform, Population Health ”.
The company received a grant proposal from the Department of Economic and Community Development (DCED) for a $ 500,000 Pennsylvania First grant and a $ 500,000 Workforce Development Grant to help the company train workers. The company has committed to invest $ 8 million in the project and create 674 new jobs, many of which will be for remote Pennsylvania workers, over the next three years.
The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with companies that are considering establishing or expanding in Pennsylvania.
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