HARRISBURG – A leading contract management software provider will relocate its global headquarters from New Jersey to Philadelphia and create 37 high-paying jobs within three years, Gov. Edward G. Rendell announced today.
I-many Inc. will move its headquarters from Edison, N.J., to an expanded, state-of-the-art facility in the Mellon Bank Center on Market Street in Philadelphia. Thirteen employees will be relocated from the Edison facility.
“This was a highly competitive project, and I-many’s decision to locate its global headquarters in Philadelphia and to create dozens of high-paying jobs in the process speaks well of Pennsylvania’s business climate,” said Rendell. “As we work to recover from the recession, we must continue to invest in quality projects like this one to create jobs in Pennsylvania and leverage private sector investment.”
I-many develops and provides computer software and related professional services to help clients manage contractual relationships. Most of I-many’s customers are health care/life sciences companies that require regulatory compliance with state and federal laws and commercial trading partners.
“I-many has undergone many exciting changes this year with the expansion of our customer base and executive team, and now our corporate headquarters’ move. This move to Center City Philadelphia is part of our global strategy to increase our competitiveness and grow revenues as we enter a new chapter in our company’s history,” said P. Kevin Kilroy, president and CEO of I-many.
The project was coordinated through the Governor’s Action Team, economic development professionals who work directly with businesses that are considering locating or expanding in the state. Pennsylvania provided I-many with a $262,450 funding offer that includes a $120,000 opportunity grant, $31,450 in job training assistance, and $111,000 in job creation tax credits.
Since Rendell took office in 2003, GAT has successfully completed 1,186 projects, resulting in commitments to create 125,903 new jobs and retain 298,235 existing positions. The commonwealth has offered more than $2.2 billion in assistance for these projects, which will leverage more than $16 billion in additional investment.
For more information on I-many, visit www.imany.com.
For more information on the Governor’s Action Team and other Department of Community and Economic Development programs, visit www.NewPA.com or call 1-866-466-3972.