SAFC grows 14% in Q1

Sigma Aldrich's fine chemicals business, SAFC showed sales growth of 14.3% to $152m in Q1 2010, continuing the trend seen in H2 2009. The company also took a $6m restructuring charge during the quarter related to the consolidation of some facilities and the elimination of about 100 jobs. SAFC saw double digit growth of its custom pharma products driven by higher demand for HPAPIs and viral vectors met from its recently opened California and Wisconsin facilities. The company has also seen an increase in booked orders.
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