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Tonawanda's Pine Pharmaceuticals lays off quarter of workforce

Summary by WIVB
TONAWANDA, N.Y. (WIVB) – Pine Pharmaceuticals of Tonawanda confirmed Thursday that it has laid off 58 employees, or about 25% of its workforce, due to "unforeseen business circumstances." The company had no further comment. The announcement comes just two years after the state celebrated an $8.6 million expansion of Pine's operation. Hochul announces completion of Tonawanda pharmaceutical plant expansion "The drug outsourcing company tri…
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