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PRWT acquires chemistry manufacturing facility

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PRWT Services, Inc. is an African-American owned business headquartered in Philadelphia, PA. founded in 1988. It is one of America’s largest minority-owned businesses and has been ranked in the top 100 by Black Enterprise magazine for the past seven years.  Tt has, through its wholly-owned subsidiary, Cherokee Pharmaceuticals LLC, acquired the Cherokee chemical manufacturing plant in Riverside, PA, from Merck & Co., Inc. of Whitehouse Station, NJ and also entered into a five-year supply agreement with Merck for an estimated value of $100-200 million annually.

Read more at FOX Business


Written by Symphony

January 1, 2008 at 10:10 am

Posted in Business

Tagged with , ,

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