[sfordnews] Wyeth

  • From: "John S. Grispon" <discog@xxxxxxxxxxx>
  • To: "Limerick Spring-Ford list list <LIM-SF@xxxxxxxxxxxxxxxxxxx>" <LIM-SF@xxxxxxxxxxxxxxxxxxx>, New List <sfordnews@xxxxxxxxxxxxx>
  • Date: Thu, 15 Oct 2009 11:44:18 -0400

Wyeth memo: Plant to stay open

Thursday, October 15, 2009

By Journal Register News Service

UPPER PROVIDENCE — Bernard Poussot, president of Wyeth Pharmaceuticals, sent a message out Wednesday telling employees the township plant, which employs about 4,000 people, would remain open.

Wyeth has been purchased by Pfizer, and there was speculation that the plant would close.

The letter, which refers to Wyeth’s “Collegeville” headquarters, states that Pfizer expects to close the deal on the purchase of Wyeth on Thursday, Oct. 15. While the letter does not offer specifics about what the new company will look like, it does state that the Upper Providence plant will remain open.

“After considerable discussion during the past several months Pfizer has determined that Wyeth’s two headquarters facilities – Corporate headquarters in Madison, N.J. and Pharmaceutical headquarters in Collegeville, Pa. – will become key elements of Pfizer’s future presence.”

State Sen. John Rafferty, R-44th Dist., state Rep. Mike Vereb, R-150th Dist., both of Montgomery County, and state Sen. Andy Dinniman, of Chester County, have been working closely with Wyeth in an attempt to encourage the company to keep its headquarters in Upper Providence.

In a joint statement, the trio confirmed that the planned merger of Pfizer Inc. and Wyeth will not result in layoffs “thanks to a strong effort” by legislators and the administration “to keep the jobs in Pennsylvania.”

The statement added that they were “gratified” by the Pfizer-Wyeth decision.

The legislators worked closely with the Governor’s Action Team and the Department of Community and Economic Development to ensure that the jobs stayed in the commonwealth and that workers’ positions were secure.

“This is a huge victory and relief for this area, particularly as we work to turn the economy around,” Rafferty said. “Thanks to hard work and advocacy and cooperation with the folks from Pfizer-Wyeth, we will ensure that workers are not impacted by the merger and that Pennsylvania has a large presence in the company.”

Vereb added, “This was a true team effort, with legislators and the governor working aggressively with Pfizer-Wyeth to make this a reality.”

According to the Rafferty-Vereb-Dinniman statement, Pfizer also announced that the operations in Great Valley, Chester County and two other sites in Collegeville, would be consolidated into the main campus in Collegeville.


John S. Grispon
discog@xxxxxxxxxxx
610-948-7655


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