Pfizer - go figure

Pharmaceutical giant Pfizer have ceased operation of their Augusta, GA facility. All equipment from the factory is currently being liquidated and will be sold at a public auction starting in late January, 2007.

Pfizer spent around $85.7 million in Capital Improvements over the past 5 years at the Augusta facility.

In the last year alone, new equipment and Capital Improvement costs for the plant were around $25-50 million.

The facility has complete Active Product Ingredient (API) production equipment,with a reactor capacity of 29,000 gallons.

Much of the equipment in the plant is Brand New, and was never turned on or certified.

Source

So, remind me again why the equipment was bought in the first place....