HARRISBURG, Pa., Jan. 4 /PRNewswire-USNewswire/ -- With the cut of a ribbon today, Governor Edward G. Rendell helped to save some 400 jobs in Northumberland County and mark the acquisition of a pharmaceutical manufacturing plant by a Philadelphia-based, minority-owned company.
PRWT Services Inc. took over the operation of the Merck & Co. Inc.'s Cherokee Plant in Riverside, near Danville, on Jan. 1. The facility will be known as Cherokee Pharmaceuticals.
"We're looking for big things from PRWT," Governor Rendell said. "We'll be keeping an eye on this venture, because our manufacturing base is vital to our economy and pharmaceuticals, specifically, is an important sector."
Merck announced in 2005 that it would seek to sell the plant as part of a restructuring of its worldwide operations. The company said at the time it would do all it could to find a buyer that would maintain operations. The plant is one of the largest employers in Northumberland County.
PRWT will capitalize on the infrastructure and workforce already at the plant. It is essentially taking over the Merck plant as a turnkey operation - thus saving approximately 400 jobs. The company said it intends to make considerable capital investments in the Cherokee plant to support the growth of the business and increase the number of jobs.
The Rendell administration is committed to creating a first-rate public education system, protecting our most vulnerable citizens and continuing economic investment to support our communities and businesses. To find out more about Governor Rendell's initiatives and to sign up for his weekly newsletter, visit http://www.governor.state.pa.us.
Steve Weitzman (DCED)
|SOURCE Pennsylvania Office of the Governor|
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