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Teva To Eliminate 5,000 Jobs

Just last week, Merck announced it would cut 85-hundred jobs. Now, Israeli drug manufacturer, Teva, will eliminate five-thousand jobs. Teva’s U-S headquarters is located in Montgomery Township. Teva has nearly 7,000 U-S employees. The company has over 700 employees working in Montgomery Township. Teva announced in the spring that it would close its Bucks County facility in West Rockhill. The company will save 2-billion dollars by 2017 through the job cuts. It’s not known how many local employees will be impacted by the job cuts. 

WNPV AM 1440 As you plan your shopping for Friday ... and Small Business Saturday ... be sure to include some of the locally owned and operated businesses in our area because, according to the Institute for Local Self-Reliance (www.ilsr.org), locally owned businesses create more jobs locally and, in some sectors, provide better wages and benefits than chains do! "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 Planning to shop on Friday? How about Small Business Saturday? As you make your plans be sure to include some of the locally owned and operated businesses in the area! According to the Institute for Local Self-Reliance (www.ilsr.org) there are "10 Reasons to Support Locally Owned Businesses." #5: Entrepreneurship. Entrepreneurship fuels America's economic innovation and prosperity and serves as a key means for families to move out of low-wage jobs and into the middle class. Shop Locally for the Holidays!
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Public Benefits and Costs. Local stores in town centers require comparatively little infrastructure and make more efficient use of public services relative to big box stores and strip shopping malls.
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Environmental Sustainability. Local stores help to sustain vibrant, compact, walkable town centers which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution. "Shop Locally for the Holidays!"
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Competition. A marketplace of tens of thousands of small businesses is the best way ensure innovation and low prices over the long-term.
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies
WNPV AM 1440 As you plan your holiday shopping, think about the "Top 10 Reasons to Support Locally Owned Businesses" from the Institute for Local Self-Reliance (www.ilsr.org): Product Diversity. A multitude of small businesses, each selecting products based, not on a national sales plan, but on their own interests and the needs of their local customers, guarantees a much broader range of product choices. "Shop Locally for the Holidays."
Institute for Local Self-Reliance ilsr.org Building Community, Strengthening Economies

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