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Jacobs gets deal to build Pfizer plant


Published : Tue, 14 Aug 2007 20:04
By : Agencies
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PASADENA, Calif. (AP) - Jacobs Engineering Group Inc. said Tuesday it received a contract from Pfizer Ltd., a U.K. branch of pharmaceutical company Pfizer Inc., to build a clinical biotech manufacturing center in Ireland.

Financial terms of the deal were not disclosed.

The facility will be built on Pfizer's 28-acre site in Shanbally, Cork, and include production facilities, laboratories and offices.

Jacobs will begin construction in September, with completion set for late 2009.

Shares of Jacobs fell $1.37, or 2 percent, to $66.66 in afternoon trading.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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