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Business In Brief

This article was originally published in The Tan Sheet

Executive Summary

Pfizer: Consumer Healthcare sales of $741 mil., up 14%, in the second quarter, were driven by the continued strong performance of Listerine mouthwash and uptake of Listerine PocketPaks in international markets. The rollout of FreshBurst Listerine line extensions and the weaker dollar also helped edge up revenues. Sales of PocketPaks in the U.S. slowed and the firm's Benadryl and Sudafed line were hurt by the presence of OTC Claritin on the market, Pfizer notes...

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Martek acquisition

Columbia, Md.-based firm completes purchase of FermPro Manufacturing and its Kingstree, S.C. plant. Transaction is expected to add at least $30 to $50 mil. of production capacity for Martek after operations and equipment are fully integrated (1"The Tan Sheet" July 28, 2003, p. 14). Martek also is in the process of spending $20 mil. to $30 mil. to increase manufacturing capacity of its Winchester, Ky. facility (2"The Tan Sheet" June 9, 2003, p. 9). Firm appoints FermPro President & CEO Barney Easterling as Martek VP...

Martek acquisition

Columbia, Md.-based firm completes purchase of FermPro Manufacturing and its Kingstree, S.C. plant. Transaction is expected to add at least $30 to $50 mil. of production capacity for Martek after operations and equipment are fully integrated (1"The Tan Sheet" July 28, 2003, p. 14). Martek also is in the process of spending $20 mil. to $30 mil. to increase manufacturing capacity of its Winchester, Ky. facility (2"The Tan Sheet" June 9, 2003, p. 9). Firm appoints FermPro President & CEO Barney Easterling as Martek VP...

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