Lonza to Close U.S. and U.K. Plants

Lonza says it will close facilities at Conshohocken, PA; Shawinigan, PQ; and Wokingham, U.K. later this year as part of an initiative to move small molecule production closer to Asia. The closures are also related to a plan announced in October 2009 to reduce fixed costs by CHF 60-80 million ($59 million-$78 million) in the next two years. The company said at that time that it would eliminate a total of about 450 jobs, or 5% of its workforce, under the initiative. About 175 employees will be affected by the closures, Lonza says. The Conshohocken manufacturing...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers