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Pfizer shutting two facilities in NC due to cost cuts: report (NYSE:PFE)

October 28, 2023
in Markets
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Pfizer shutting two facilities in NC due to cost cuts: report (NYSE:PFE)

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Pfizer world headquarters in New York City, USA.

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Pfizer (NYSE:PFE) is reportedly closing two amenities within the Raleigh, N.C., space as a part of a cost-efficiency initiative.

The drugmaker plans to close its facility in Package Creek and a scientific manufacturing facility in Durham. The corporate’s largest N.C. amenities, together with two in Sanford and one in Rocky Mount, stay open, based on Raleigh information station CBS17.

In September, Pfizer introduced it had restarted manufacturing at its Rocky Mount plant, which had been badly broken by a twister in July.

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Tags: costcutsduefacilitiesNYSEPFEPfizerreportshutting
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