17-10-2024 21:47 via wivb.com

Tonawanda's Pine Pharmaceuticals lays off quarter of workforce

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 tripled the size of its facility at Riverview Solar Techno
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