Pfizers invest €100m in plant

Pfizer Ireland is to make a €100m investment at one of its key Cork plants over the next two years, but shed 25 full-time positions.

The money would be spent on creating a centre of excellence at a single active pharmaceutical ingredients (API) facility — it currently has two — at Little Island, Dr Terry Lambe, Pfizer’s manufacturing vice president for this country and Singapore told the Evening Echo.