Upsher-Smith will close its Plymouth, Minnesota plant at 14905 23rd Avenue North and lay off 58 workers. The closure date is April 1, 2025, with layoffs occurring in two or three waves through July 31. Some Plymouth staff will transfer to the company’s Maple Grove facility at 6701 Evenstad Dr. N., which will remain open. A portion of the layoffs will occur at Maple Grove.
The move follows the company’s 2024 acquisition by Taiwan based Bora Pharmaceuticals for 210 million dollars. Upsher-Smith framed the closure as a strategic realignment to optimize global operations and better serve customers. The firm manufactures several generic dr-gs, including vigabatrin, everolimus, and topiramate.
Founded in 1919 by Frederick Alfred Upsher Smith, the company was owned by Ken Evenstad from 1969 and later sold to Japan based Sawai Pharmaceutical in 2017 before the 2024 sale to Bora. The WARN notice detailing the closure was filed with Minnesota’s Department of Employment and Economic Development.
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