Charles River Laboratories International Inc., which provides mice and other animals for scientific research, is suspending operations at its facility in Shrewsbury indefinitely and laying off 300 people, the Boston Business Journal reports.
CEO James Foster said consolidation in the biotechnology industry, an overall slowdown in research and budgetary constraints has led to a decrease in demand for the company's services, the BBJ reports.
Tuesday, January 12, 2010
Charles River Laboratories Closes a Facility
Good riddance as far as I'm concerned. Here's the brief announcement from the Boston Business Journal in its entirety.