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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Boehringer Ingelheim to close major API plant in US
9:54 AM MDT | August 16, 2013 | Natasha Alperowicz
Boehringer Ingelheim Chemicals said on Thursday that it intends to close its Petersburg, VA, active pharmaceutical ingredients plant by end of 2014, laying off 240 people. The company will begin to phase out operations starting in December of this year. The move follows a review of Boehringer Ingelheim’s manufacturing capacity needed to meet industry demands and unsuccessful attempts to find a buyer for the plant, which includes several facilities on about 180 acres. "This was a very difficult decision and one that we did not make until we had...
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