FACTBOX-Pfizer manufacturing sites to end or cut operations

May 18 (BestGrowthStock) – Pfizer Inc (PFE.N: ) on Tuesday said it
plans to cut 6,000 manufacturing jobs, or 18 percent of that
workforce, by late 2015, as the world’s biggest drugmaker pares
operations following its purchase of rival Wyeth.
[ID:nN18134231] [ID:nLDE64H1RT]

Fourteen of its 78 plants are slated to cease or curtail
operations; details are listed below.

Pfizer plans to cease operations at the following eight
plants:

* Dublin, Ireland; and Carolina, Puerto Rico, which make

sterile injectable drugs.

* Caguas, Puerto Rico; Loughbeg, Ireland; and Rouses Point,

New York, which make solid-dose drugs (tablets and

capsules)

* Biotech manufacturing in Shanbally, Ireland, and at a

longtime Wyeth facility in Pearl River, New York.

In Pearl River, Pfizer will also cease production of

consumer healthcare products, but the site will remain a

main center for vaccine research and development.

* Richmond, Virginia, will cease production of consumer

healthcare products, but continue to be the center for

consumer healthcare product research and development.

Pfizer plans to reduce operations at these six sites:

* Illertissen, Germany; and Newbridge, Ireland, which make

solid-dose drugs

* Sanford, North Carolina; Andover, Massachusetts; and

Havant, United Kingdom, which make biotech products.

* Will phase out production of solid-dose drugs in

Guayama, Puerto Rico, but expand consumer healthcare

operations at the site.

Investment Advice

(Compiled by Ransdell Pierson, editing by Gerald E.
McCormick)

FACTBOX-Pfizer manufacturing sites to end or cut operations