Page last updated at 15:26 GMT, Friday, 25 September 2009 16:26 UK

Almac announces expansion plans

Almac
Almac has acquired at 5.4 acre site adjacent to its existing Craigavon base

A pharmaceutical company has announced plans for a major expansion at its headquarters in County Armagh.

Almac has obtained outline planning permission to build a new research and distribution facility beside its existing site in Craigavon.

The company says the plan has the potential to create up to 500 jobs at the facility over the next five years.

Almac provides research, development and manufacturing services to the pharmaceutical industry.

Over the past 18 months the company has invested £10m in new infrastructure at its Craigavon base and earlier this year, it announced it was creating 128 new graduate and research positions in the town.

Almac's Group Chairman Sir Allen McClay said it was an exciting time for the firm.

"Since our foundation in 2001 we have grown at record levels, and we expect this trend to continue over the coming years.

"With our rapid rate of growth it was important to put proper plans in place and provide the necessary room for Almac to expand," he said.

Almac also has three bases in north America and currently employs 2,400 people.



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