Teva Pharmaceuticals USA, the American arm of the Israeli company that is the world's largest generic-drug maker, will create 200 jobs at a distribution facility it plans to open in Northeast Philadelphia.
An announcement about the company's new distribution facility, to be located on Red Lion Road, is expected at 1 p.m. Thursday at City Hall.
Few details were available late Wednesday, but a statement from U.S. Rep. Allyson Y. Schwartz (D., Pa.) said Teva will construct three buildings totaling 1.2 million square feet on a 140-acre parcel on Red Lion Road.
The $295 million project will create more than 200 jobs within three years and retain more than 200 existing positions, the release from Schwartz said.
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