patricia locke necklace Capitalization | Education
fashion wear for women | Hair & Clothes
women s online clothing stores Pop of Color | Hair & Clothes
magnetic bracelet | Kitchens
Charles River Lab is closing
Moria E. Miller, chairwoman of the Board of Selectmen, said yesterday that Charles River sent a letter to the board that the company had decided to ramp down all operations at the facility at 334 South St. Eventually all operations will cease, she said. think that this is very sad news that we received today. Our hearts go out to the employees. Its a reminder to all of us that we are still in a recession and that were not out of the woods and we will continue to feel the repercussions of the economic downturn for many more months, she said.
had no prior warning, he said. in todays economy, you just watch the newspapers, the media, see whats going on out there. Unfortunately, its come to rest here in Shrewsbury. Rivers preclinical services centers perform laboratory research, notably animal research, for companies developing new drugs and medical devices. Regulators typically require the research before new drugs can be tested in humans and sold. In North America, Charles River also has preclinical services facilities in Reno, Nev.; Spencerville, Ohio; and Montreal, Quebec.
investment they made here, when they moved from Worcester to that place, was really immense, said Kevin OSullivan, president and chief executive of Massachusetts Biomedical Initiatives, which runs business incubators in Worcester for startup biotechnology businesses. was quite an operation. sales in Charles Rivers preclinical service business are down. Sales from preclinical services totaled $416.7 million during the first nine months of 2009, down 20.6 percent from $524.9 million during the same period a year earlier. Charles River is using about 240,000 square feet of space in the Shrewsbury facility.