Pfizer Plans to Publicly Auction Augusta Pharmaceutical Factory

On November 7th, Pfizer’s pharmaceutical plant in Augusta GA, Maine state capital of the United States, has ceased operations. All plant equipment is being liquidated and will be publicly auctioned after January 2007.

In the past five years, Pfizer spent about $85.7 million for the reconstruction of the plant. In the last year alone, the plant has purchased about 25 to 50 million U.S. dollars worth of new equipment and equipment. This factory has a complete API production facility with an annual production capacity of approximately 29,000 gallons, and many of the equipment is brand new.

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