Pfizer ‘hopeful’ of selling plants

PHARMACEUTICAL giant Pfizer said yesterday that it is very hopeful of being able to sell off two of its Cork plants, with the result of little or no job losses among 480 staff.

A company spokeswoman confirmed it is in talks with “a number of parties which have indicated an active interest” in the plants at Loughbeg and Dunkettle/Little Island.

In February 2007, Pfizer made the shock announcement it was to undertake some rationalisation due to overcapacity.