Novartis Suffern facility to close
Novartis has announced it will close its Suffern facility by 2017, causing a loss of jobs and a major hit to Suffern's tax rolls.
The pharmaceutical company employs over 500 people. It contributes over $1 million in property taxes a year and $300,000 for water and sewage services.
Company officials blame the loss of a drug patent for the loss in profits. Suffern mayor said...