Just months after unveiling a multi-million dollar expansion of its headquarters in north St. Louis county, Express Scripts has announced it will lay off 400 people at multiple facilities around the country. That includes 90 people in St. Louis.
The layoffs are in addition to 1,890 jobs that were cut system-wide in May.
“These are difficult but necessary decisions we have to make in order to position our company for success, future growth and continued service excellence to clients and members,” spokesperson Brian Henry said in an email.
Express Scripts celebrated the latest expansion to its north St. Louis County campus on Monday, another sign of growth for one of the nation’s biggest corporations.
The $56 million expansion includes an addition to its research lab and a new administrative office building. The project – which received millions of dollars worth of state and local tax breaks -- is expected to bring 1,500 jobs to the region within the next few years.
Missouri approved $6.8 million in tax incentives Tuesday for St. Louis-based Express Scripts to expand.
The pharmaceutical benefits company is set to add 1,500 jobs, and plans to spend the next year constructing a 220,000 square foot building in North St. Louis County.
“Incentives are an option that are on the table for businesses," Express Scripts spokesperson Brian Henry said. "And we evaluate those as we consider our expansion. So for us, incentives are a way for us to drive the business and continue to drive what we do for business and clients.”
City officials are celebrating the reopening of the C Concourse at Lambert St. Louis International Airport today.
The concourse has been closed since April 22 of last year when a tornado hit causing significant damage.
The concourse is new and improved according to director Rhonda Hamm-Niebruegge with brighter ceilings, new lighting and new restrooms among the improvements. Hamm-Niebruegge recalls the evening the tornado hit.
St. Louis-based pharmacy benefits manager Express Scripts Inc. said Wednesday that it is suing Walgreen Co., arguing the drugstore chain is trying to lure away its customers.
The lawsuit alleges that Walgreen is telling Express Scripts plan members, and especially Medicare Part D beneficiaries, that they will not be able to fill their prescriptions at Walgreen pharmacies unless they leave Express Scripts and switch to a new pharmacy benefits management plan. Express Scripts said this violates the contract between the two companies.