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Warner Chilcott global restructuring entails elimination of 87 local jobs

Michelle Kantrow-Vázquez abril 21, 2011

Ireland-based specialty pharmaceutical company Warner Chilcott on Monday announced plans to restructure its European operations and finalize the conversion of its Manatí plant into a warehouse, supposing the elimination of 87 jobs effective mid-May.

The “repurposing” of the Manatí plant will cost Warner Chilcott some $33 million, of which $7 million will go toward employee severance packages, the company said in a statement.

With its announcement, Warner Chilcott became the first pharmaceutical company to scale back operations several months after Gov. Luis Fortuño’s administration effected a temporary 4 percent excise on foreign corporations. While the company did not make reference to that in its general announcement, several employees affected by the downsizing told a television newscast that a $60 million expansion planned for the Manatí plant was scratched after the tax was passed.

“Going forward, this [Manatí] facility will primarily serve as a warehouse and distribution service center,” the company said in reference to the operation that Warner Chilcott acquired from Procter & Gamble in 2009.

Warner Chilcott will retain its manufacturing and research operation in Fajardo. The company produces women’s health-care, gastroenterology, dermatology and urology products for the North American and Western European pharmaceuticals markets.

Its European restructuring will affect operations in Belgium, the Netherlands, France, Germany, Italy, Spain, Switzerland, and the United Kingdom, leaving its Ireland headquarters intact.

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Detalles del autor

Michelle Kantrow-Vázquez

Detalles del autor

Reportero de negocios con 30 años de experiencia escribiendo para periódicos semanales y diarios, así como para publicaciones especializadas en Puerto Rico. Entre mis antiguos empleadores se encuentran Caribbean Business, The San Juan Star y Puerto Rico Daily Sun, entre otros. Mis áreas de especialización incluyen las telecomunicaciones, la tecnología, el comercio minorista, la agricultura, el turismo, la banca y la mayoría de los demás segmentos de la economía de Puerto Rico.

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