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Express Scripts Announces Plan to Build Fourth Building at Headquarters Campus
Date:12/17/2010

its two headquarters buildings on the campus of the University of Missouri–St. Louis.

The initiative, projected to cost in excess of $70 million, will bring together functions now performed at several sites in the Riverport area of Maryland Heights. Approximately 1,500 Express Scripts employees will move into the new facility upon completion, and the company will create 150 jobs in the area within two years of opening the building.

George Paz, chairman, president and chief executive officer of Express Scripts, said: "By increasing our operational efficiencies, development of this new site advances Express Scripts' mission of making the use of prescription drugs safer and more affordable. It also continues our commitment to attracting a high-quality, diverse workforce from the St. Louis metropolitan area."

Groundwork has started for the project. Pending necessary approvals and permits, the scheduled completion is the fourth quarter of 2011.

"Express Scripts appreciates the efforts of Governor Jay Nixon and County Executive Charlie Dooley and their staffs, as well as our development partners, in helping to help make this happen," Paz said. "We are increasingly happy to call the St. Louis region our home and proud of the economic benefits our growth has contributed to the state and the county."

The economic impact study is available at www.express-scripts.com/pressroom/pressreleases/UMSLEconomicImpactStudy.pdf.

About Express ScriptsExpress Scripts, Inc., one of the largest pharmacy benefit management companies in North America, is leading the way toward creating better health and value for patients through Consumerology®, the advanced application of the behavioral sciences to healthcare. This approach is helping millions of members realize greater healthcare outcomes and lowering cost by assisting in influencing their
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SOURCE Express Scripts, Inc.
Copyright©2010 PR Newswire.
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