Warner-Lambert.Acting on behalf of worldwide pharmaceutical giant Warner-Lambert, KingSturge has closed the sale of their Pontypool facility, Usk Valley, to South Wales South Wales south n → sud m du Pays de Galles industrial property specialist Jobnsey Estates. KingSturge is the U.K. Corfac affiliate of The Garibaldi Group, a New Jersey-based corporate real estate services firm. Warner-Lambert is a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. client of The Garibaldi Group. In March 1998, Warner-Lambert announced its intention to close the South Wales pharmaceutical manufacturing and distribution operation as part of a rationalization rationalization, in psychology: see defense mechanism. of its European operations in response to global competition. Thcihigh specification site, which at 383,000 square feet, is the largest single site facility in Wales Wales, Welsh Cymru, western peninsula and political division (principality) of Great Britain (1991 pop. 2,798,200), 8,016 sq mi (20,761 sq km), west of England; politically united with England since 1536. The capital is Cardiff. , was established in 1971 and was the manufacturing base for leading consumer healthcare products such as Listerine and Benylin. |
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