Pfizer is shutting down R&D in Ann Arbor and Kalamazoo

[1gobluedem]

Not a good day for Michigan:

http://www.mlive.com/newsflash/michigan/index.ssf?/base/news-41/1169488451191010.xml&storylist=newsmichigan

[butterfly77]

1. It hasn't been for a while...

I wonder how it would be if Devos had won,and he wanted to make it worse...

[meganmonkey]

2. This is so bad

:(

[Demeter]

3. All Those Tax Incentives and New Buildings for Naught

What a waste of resources. Thanks, Pfizer, for the urban blight you've foisted upon my home city. Does this mean we get the tax credits back?

[1gobluedem]

5. Yes, good point

Ann Arbor gave Pfizer millions in tax breaks. It would be nice to get it back. They should send the company a bill.

[LuckyTheDog]

4. Here is a place to vent

WWJ's Michigan Future blog is inviting comments:

http://wwj.typepad.com/michigan_future/

[MichiganVote]

6. Gee, another multinational that cannot seem to manage their business

w/o laying people off and closing something or the other. The fact that its R&D seems ominous. So much for offering tax breaks and expecting anything even close to loyalty to Michigan residents.

[Lefty48197]

7. Assholes.

They bought out two Michigan companies that had been around for a century, Parke Davis, and UpJohn. Then they closed both of their facilities. They claim that "generic drugs" are cutting into their profits, so they have to lay off Michigan workers. Why don't we start companies in both of those vacant facilities and produce the very generics that are running Pfizer out of business? Wouldn't THAT be justice!