Procter & Gamble moving Iams operation to Mason - Business Courier of Cincinnati:

http://www.savnet-harryhole.com/2009/09/bel%c3%b8nningen-reis-jorda-rundt-for-2-vi-spanderer/
Iams, now called the North American Pet Care will movefrom Vandalia, north of to P&G’s Mason Business Center beginninvg in early October, according to a news All of the unit’s approximately 240 employeeds will also relocate to Mason. P&G said in the released that the move will boosf productivity and allow for more collaboration between the pet care unit and the oral personal health and pharmaceuticals businesses that are housed in About 2,000 currently work at the complex, on Mason Montgomerh Road. In December, P&G said it plannedx to sell or otherwiser phase outits $2.2 billion, 525-employee pharmaceuticao business.
But Iams spokesman Jason Taylor said the move is not asign P&Gt will be cutting pharmaceutical jobs. "This is a normakl thing, that they would accommodate a move,” he "There’s nobody moving out of Mason in order for us to move in Forthat matter, a sale of P&G'e pharmaceuticals business is not imminent. Analysts have said the busines s could be a tough sell because of the dearth of financingv in the acquisitions market and a lack of blockbustetr drugs inits portfolio. Some suggestes P&G might have to put off a sale until 2010. The pet care businesds produces and markets the premium Iams and Eukanuba dog and catfood P&G acquired Iams in 1999 from .
About 250 employees at the Iams-Eukanubw manufacturing and R&D complex in Preble County will not be part of the thecompany said. The Vandalia which P&G owns, will be put up for leasee or sale, Taylor said. Procter Gamble (NYSE: PG), headquartered in develops, manufactures and markets consumerr productsand pharmaceuticals.