Do go read all of last night's NJ Biz article -- but here's a bit:
. . . .Merck Animal Health will employ 300 people at a 145,000 square-foot building at the company’s Morris Avenue campus. The realignment of Merck’s animal health division, a global operation with more than 6,000 employees in 50 countries, is part of ongoing restructuring the New Jersey pharmaceutical company. . . .
Lt. Gov. Kim Guadagno, who attended the event, said the company’s decision to locate animal health operations — previously based in the Netherlands — in New Jersey is a boost for the state. . . .
Merck’s move of its animal health unit precedes a planned relocation of its corporate headquarters to Summit from the Whitehouse Station section of Readington by the end of 2015. Merck announced the move last year as part of a cost-savings plan. The pharmaceutical giant has announced several restructurings and work force reductions in recent years as it integrates with Schering-Plough, which Merck acquired in 2009. . . .
We will keep you apprised -- but, yes, this is sad (although by no means unexpected) news, for our good friends in Oss.
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