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KING PHARMACEUTICALS LAYS OFF 56 AT BRISTOL PLANT

November 21, 2005

King Pharmaceuticals has laid off 56 employees at its factory in Bristol, Tennessee. The Bristol-based drug maker also cut an additional 23 employees at other King operations. The company employs about 28-hundred at eight facilities nationwide. A company news release issued Friday says the reduction in jobs is designed to "improve efficiencies" for long-term growth. Most of the job cuts were made in the manufacturing and logistics departments.

WAVY-TV (http://www.wavy.com/Global/story.asp?S=4146654&nav=23ii)