Pfizer backs out of Everett manufacturing plant after $43B Seagen deal
EVERETT — Pharmaceutical giant Pfizer expressed its commitment to improving cancer treatment in a meeting with investors Thursday, with the $43 billion acquisition of the Bothell-based Seagen as the centerpiece of that work.
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Pfizer plans to “wind down construction” at a huge manufacturing facility in south Everett, the company confirmed in a statement Friday. The Puget Sound Business Journal first reported the news.
The 120 or so employees, who have been working as the plant at 215 Shuksan Way was built, “will be impacted,” an unnamed Pfizer spokesperson told The Daily Herald in an email.
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The products Pfizer planned to manufacture in Everett will instead be produced at a facility in North Carolina.
https://www.heraldnet.com/news/pfizer-backs-out-of-everett-manufacturing-plant-after-43b-seagen-deal/
In other words a right to work for lower wages state.