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Pfizer Global Manufacturing Announces Plans to Reconfigure Its Global Plant Network
Date:5/18/2010

NEW YORK, May 18 /PRNewswire-FirstCall/ -- Pfizer Global Manufacturing announced today plans to reconfigure its worldwide plant network to create a fully aligned manufacturing and supply organization from the combined networks of Pfizer (NYSE: PFE) and Wyeth.  This implementation of the first phase of Pfizer's previously announced Plant Network Strategy includes recommendations to cease operations at eight manufacturing sites in Ireland, Puerto Rico, and the United States by the end of 2015, as well as to reduce operations at six other plants in Germany, Ireland, Puerto Rico, the United Kingdom, and the United States.

(Logo: http://photos.prnewswire.com/prnh/20100416/PFIZERLOGO )

The planned reductions will increase manufacturing efficiency and lower costs by more effectively using resources and technology, improving plant processes, eliminating excess capacity, and better aligning production with market demand.  These changes will result in a global reduction of approximately 6,000 jobs over the next several years.  Product transfers will expand the roles of a number of plants in Pfizer's manufacturing network.  

"The restructuring of our global plant network is crit
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SOURCE Pfizer Inc.
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