Charles River Labs announces closing of 30-employee facility in Ann Arbor area
The Massachusetts-based Charles River Laboratories Intl. [NYSE:CRL] announced plans to lay off 4 percent of its global workforce and close its Ann Arbor-area molecular imaging facility, according to an article in Xconomy.
The move affects 30 employees at the local facility, located at 800 Technology Dr. in Pittsfield Township.
Charles River operated locally after it purchased Molecular Imaging Resource in September 2008.
Earlier that year, CEO Dick Leopold told Business Review that revenue growth was projected to triple and the company had room to add 50 employees to its offices. At the time, the company employed 25.
The contract research company specialized primarily in evaluating drug candidates that target cancer and inflammatory diseases such as arthritis . Its imaging technology was the key part of its services for more than 200 pharma clients.
The layoffs announced Thursday affect a total of 300 Charles River employees and follow other changes at the company as it grapples with slowdown in pharma-related business.
Read the full Xconomy article here.
Comments
whatsupwithMI
Sun, Nov 7, 2010 : 7:31 a.m.
Cue the blog spam article next week from that Nathan guy, holding this out as a sign of the plasticity of the fantastic pool of local jobs for educated workers. Cue following that: the SPARK blog spam that that says "hey 6 years ago when Pfizer was shutting down, we had 23 biotech startups initialized"-- not mentioning that that was well, 6 years ago, and that most of those were one-year ponies, funded by venture cronies to provide a job for one guy per "startup".
snapshot
Sat, Nov 6, 2010 : 7:46 p.m.
Gee, maybe all those GM and Chrysler employees ought to be a lot more grateful for the taxpayer bailout than they appear to be with their union lawsuits and "protectionist" attitude. This is the way most folks lose their jobs, with little notice, no bailout, buyout, outplacement, or paid retraining opportunities. Just their own ability to go out and find another job, even if it's "beneath" them. Take notice GM and Chrysler employees and your union leadership.
Kelly
Fri, Nov 5, 2010 : 10:01 a.m.
yet more jobs for college educated folks gone. add this to all the jobs for non-college educated folks missing and what are we left with? perhaps i can get a visa to get job in india doing my best fake accent to help customers in mi.
An
Fri, Nov 5, 2010 : 9:39 a.m.
I worked there part time for over a year and I really loved the people and the work at this site. I am sad to hear that they are closing. :(