written on 02.05.2014
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Sun is closing Caraco plant in Detroit and whacking nearly 180 jobs

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Caraco Pharmaceutical Laboratories will close a once-troubled plant in Detroit and lay off more than 175 employees. The move comes as Caraco's owner, India's Sun Pharmaceutical, is working on its takeover of Ranbaxy Laboratories, which has a large presence in the U.S. market.

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