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Pfizer to open pharmaceutical plant in Saudi Arabia

October 05, 2011
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RABIGH, Saudi Arabia -- Pfizer Inc. has signed an agreement to open a pharmaceutical manufacturing plant in Saudi Arabia, Bloomberg reported.

The plant will begin production in 2015 and will employ 200 people in King Abdullah Economic City in Rabigh on the Red Sea coast, the article stated.

New York-based Pfizer signed the agreement with the Saudi Arabian General Investment Authority.
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