Novartis to Shut Down Mississauga Plant in New Year, Cut 300 Jobs
Nguyen, Linda, The Canadian Press
Novartis to shut down Mississauga plant
TORONTO - Novartis AG is shutting down its Ciba Vision plant in Mississauga, Ont., in the new year, resulting in the loss of 300 jobs.
The Swiss-based drug company says the closure will be done in phases and be completed by the end of 2014.
The plant, which manufactures contact lens solution, has been in the suburb west of Toronto since the early 1980s. Once it's closed, production will be transferred to a plant in Fort Worth, Texas.
"It's important to note that 300 jobs are not moving to Texas," said Mark Smithyes, head of government affairs and market access for Alcon Canada, a division of Novartis.
"The production is being absorbed into our Fort Worth plant but we're not looking at hiring additional workers."
Smithyes said employees at the Ontario operation were told of the shutdown on Nov. 4, and management is working to assist them through the transition. Novartis still has its head office and another plant in the Mississauga-area.
He said the closure does not signal that the company is pulling out of Ontario. …