Thursday, July 8, 2010

Ireland Not Included In Merck Restructuring

No one's talking about it on the Irish media (from what I've heard at least) but I'm sure anyone in the vicinity of Wilton Place this afternoon must have heard some very audible sighs of relief coming from IDA Ireland executives - to say nothing of Merck/Schering-Plough employees in Clonmel, Carlow and in Brinny, County Cork.

Merck has detailed the R&D and manufacturing facilities it will close, following the Schering-Plough acquisition - and its Irish facilities appear to emerged unscathed from the shake-up. That's a major achievement for the local management(s) here. Research facilities in the US, Canada, Denmark, Germany and Scotland are affected; so too are manufacturing sites in Italy, Portugal, Mexico, Brazil, Singapore and the US.