St. Louis County Wins Express Scripts Latest Expansion Project
Contact: Nancy Schnoebelen
Vice President, Marketing & Communications
St. Louis, MO, November 12, 2009 -- Express Scripts decision to build its state-of-the-art high-volume prescription fulfillment center in St. Louis County is great news for the region. The facility will create approximately 270 quality jobs and add substantial investment to the County's tax base.
Bucks County, PA, a suburb of Philadelphia, was also competing for the high-volume filler pharmacy.
One of the nation's largest pharmacy benefits managers (PBM), Express Scripts $60 million,
12-acre expansion will be located at NorthPark, near its corporate headquarters. This expansion is the company's third new building since relocating its headquarters to the campus of the University of Missouri-St. Louis in 2007.
"This is a huge win for North County and our region, and we are extremely grateful Express Scripts chose to build this facility in St. Louis County over Bucks County in Pennsylvania," said St. Louis County Executive Charlie A. Dooley. "This strengthens our partnership for future growth with the company but more importantly this expansion brings much-needed quality jobs. Additionally, Express Scripts presence at NorthPark will help to further attract additional investment to its 550-acre business park."
The high-volume fulfillment center will feature state-of-the-art pharmacy automation for the dispensing, packaging and shipment of 110,000 prescriptions per day. The construction of the building is under way and is scheduled for completion in April 2010.
About Express Scripts, Inc.
Express Scripts, Inc. is one of the largest PBM companies in North America, providing PBM services to thousands of client groups, including managed-care organizations, insurance carriers, employers, third-party administrators, public sector, workers' compensation, and union-sponsored benefit plans.
Express Scripts provides integrated PBM services, including network-pharmacy claims processing, home delivery services, benefit-design consultation, drug-utilization review, formulary management, and medical- and drug-data analysis services. The Company also distributes a full range of biopharmaceutical products directly to patients or their physicians, and provides extensive cost-management and patient-care services.
About St. Louis County Economic Council
Founded in 1984, SLCEC is a not-for-profit economic development organization responsible for creating high-quality business and employment opportunities for long-term diversified growth throughout St. Louis County and region. SLCEC oversees several local and regional economic development programs including World Trade Center Saint Louis, various loan programs, small business incubators, business development and retention services, and community redevelopment.