One pharmaceutical company continues to contribute hundreds of millions of dollars to the local economy, supporting thousands of Arizona nursing jobs
A recent study from the University of Missouri-St. Louis College of Business Administration
St. Louis-based Express Scripts operates two facilities in Arizona
“We are proud of our role as a key employer in Arizona, and especially pleased to be able to serve the Department of Defense from this site,” Jen Pein, vice president and general manager of pharmacy operations for Express Scripts, said in a statement. “We appreciate the support we have received from the state and the business environment of Arizona.”
The report further found:
- The company generates about $8.4 million in local and state taxes each year.
- Out-of-town employees spent $350,000 on food and lodging in Arizona.
- New capital investment should increase by 125 percent to $5.4 million this year.
- If spending and wages increase by 2 percent each year, Express Scripts will produce $2.4 billion in economic benefits throughout Arizona during the next 10 years.
Tags: Arizona nursing jobs