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Bristol-Myers closing plant.



Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were  said it will shut down its Barceloneta plant over the next 12 months, leaving 225 jobless, reports The San Juan San Juan, city, Argentina
San Juan (săn wän, Span. sän hwän), city (1991 pop. 353,476), capital of San Juan prov., W Argentina. It is a commercial and industrial center in an agricultural region.
 Star (Jan. 19, 2008):

Two months earlier, Bristol-Myers announced the closing of its Mayaguez plant, leaving 400 jobless at the end of 2007. Carlo de Notaristefani, president of technical operations, said the company would focus on investments in its Humacao and Manati plants. In the previous 18 months, the island's pharmaceutical sector has lost more than 3,000 jobs;

Boris Jaskille, Exec. Dir. of the Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla.  Industrial Development Co., said the Bristol employees could be well suited to work for St. Jude Medical St. Jude Medical, Inc. NYSE: STJ is a $2.9 billion global cardiovascular device company, with headquarters in St. Paul, Minnesota, United States. The company sells products in more than 100 countries and has over 20 operations and manufacturing facilities worldwide. , which announced a large expansion in Arecibo last year. Its new medical devices operations will reportedly create 1,200 jobs, most of them this year.
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Title Annotation:PUERTO RICO
Publication:Caribbean Update
Date:Mar 1, 2008
Words:131
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