Perrigo plans to shut down an infant formula manufacturing facility that employs roughly 420 workers in Franklin County, the company confirmed Thursday.
The company will phase out production at the Georgia facility through to 2027, according to a statement from Joe Shields, a senior manager of communications at Perrigo.
The multinational company manufactures over-the-counter health products and has operated its plant in Georgia for more than a decade. Perrigo acquired the plant from PBM Nutritionals in 2010.
Shields said that it was no longer “cost-effective” for the company to invest in long-term maintenance of the facility due to its “age and evolving regulatory requirements.”
“Perrigo considered multiple options for the Vermont facility, which unfortunately are not viable,” he said.
Employees at the facility were informed of the planned closure on Tuesday. Shields said that the company was exploring several options for its employees, including redeployment opportunities and workforce support programs.
“In addition, we have developed a ‘retention and severance package’ that goes above standard packages,” Shields said.
“The dedication and commitment of our Vermont employees have been invaluable in ensuring a reliable infant formula supply throughout the United States,” Shields added. “We deeply appreciate their continued efforts as we navigate this transition together.”
