PAR Pharmaceuticals in Huntsville shutting down - WAFF-TV: News, Weather and Sports for Huntsville, AL

PAR Pharmaceuticals in Huntsville shutting down

HUNTSVILLE, AL (WAFF) -

PAR Pharmaceuticals is closing their Huntsville manufacturing and distribution plant.

The company announced Friday that the closure will be happening over the next 12-18 months. 875 people will lose their jobs. Some workers will be let go immediately while others will be let go over time.

“Endo’s key priorities include building our product portfolio and technological capabilities for the future. Friday’s announced action enables a redeployment of investment from commoditized products to more differentiated capabilities and products that represent our core areas of future growth,” said Paul Campanelli, President, and CEO of Endo. 

Workers tell WAFF they were told at the beginning of their shift on Thursday that this could be their last shift. They were told not to report to work Friday, and instead to call into a conference call Friday morning for more information. The workers say that’s when they were told about the plant’s closing.

During the conference call, workers said they were told by the plant’s CEO that they were shutting down the Huntsville facility’s operation and that some layoffs were immediate, but everyone would be out of a job by July of 2018. 

We’ll have more updates as this story continues to develop.

Copyright 2017 WAFF. All rights reserved.

Report an Error | Submit a Tip to WAFF 48

  • NewsMore>>

  • Eric: Rain will taper off overnight

    Eric: Rain will taper off overnight

    Saturday, February 17 2018 5:27 PM EST2018-02-17 22:27:46 GMT

    Rain showers will slowly taper off from west to east tonight as the cold front pushes through.?

    More >>

    Rain showers will slowly taper off from west to east tonight as the cold front pushes through.?

    More >>
  • 4 arrested in connection to a string of vehicle thefts

    4 arrested in connection to a string of vehicle thefts

    Friday, February 16 2018 4:45 PM EST2018-02-16 21:45:50 GMT
    Three adult males and one juvenile were arrested in Limestone County on Thursday after a four-hour manhunt and charged with multiple counts stemming from a string of vehicle thefts.Three adult males and one juvenile were arrested in Limestone County on Thursday after a four-hour manhunt and charged with multiple counts stemming from a string of vehicle thefts.

    A ground search ensued that lasted about four hours and covered approximately six miles, ending a few hundred yards east of Hays Mill Road where the suspects were caught in a hunting stand/shoot house.

    More >>

    A ground search ensued that lasted about four hours and covered approximately six miles, ending a few hundred yards east of Hays Mill Road where the suspects were caught in a hunting stand/shoot house.

    More >>
  • 2 juveniles arrested for making terrorist threats, Limestone Co. Sheriff reports

    2 juveniles arrested for making terrorist threats, Limestone Co. Sheriff reports

    Friday, February 16 2018 3:29 PM EST2018-02-16 20:29:54 GMT

    Just before 2 p.m. Friday, the Limestone County Sheriff's Office reported via Twitter that two juvenile students had been arrested for making terrorist threats. 

    More >>

    Just before 2 p.m. Friday, the Limestone County Sheriff's Office reported via Twitter that two juvenile students had been arrested for making terrorist threats. 

    More >>
Powered by Frankly