Acadian scaling back
``It doesn't make sense to keep the mine going at full operation,'' company vice-president Terry Coughlan said Wednesday after Acadian announced it is scaling back mine operations and laying off another 38 employees, and might mothball the mine by the end of the first quarter of 2009 if metal prices don't improve.
Thermo Fisher Scientific Inc., the world leader in serving science, today announced that it has signed a definitive agreement to acquire Phadia, a global leader in allergy and autoimmunity diagnostics, from European private equity firm Cinven, for €2.47 billion in cash.