Charles River Labs cuts expansion plans by $140M
Biotech firm Charles River Laboratories is cutting back on a planned expansion and reducing the number of new jobs it expects to create. (Patrick Lantrip/The Daily Memphian file)
The change is a result of “unforeseen regulator and economic uncertainties associated with the specialized health manufacturing industry,” according to documents.
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Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.
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