From the Wires
Repurposing Big Pharma's Castoffs: Protein Sciences Takes Slice of Pfizer's Pearl River Plant, an Industrial Info News Alert
By: Marketwired .
Dec. 11, 2012 06:30 AM
SUGAR LAND, TX -- (Marketwire) -- 12/11/12 -- Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Over the past few years, plant closures throughout the pharmaceutical-biotech industry became so common that news of another barely spurred interest beyond those immediately affected. Despite the regularity of these closings, some perceived that a few of the sites, the "mega sites," were somehow sacrosanct. Despite evidence to the contrary, Pfizer's (NYSE:PFE) (New York, New York) 2010 decision to severely trim operations at its 550-acre, 2.5 million-square-foot Pearl River campus was met with almost a state of disbelief for locals. But a ray of light for the site came with Protein Sciences Corporation's decision to sign a five-year lease for two manufacturing buildings, for a total of 83,000 square feet of space.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
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