Governor Chris Christie and Zoetis Leaders Plant Red Oak, State Tree of New Jersey Addresses 400+ Zoetis Employees
Zoetis Inc. (NYSE: ZTS), formerly the animal health business unit of
Pfizer Inc., today celebrated establishing strong roots in New Jersey by
hosting New Jersey Governor Chris Christie for an address to employees
at the company’s new world headquarters in Florham Park, N.J. Governor
Christie joined members of the Zoetis Executive Team to plant a Red Oak,
the New Jersey state tree, helping replace trees lost to Super Storm
Sandy.
“The celebration and tree-planting is another important step for Zoetis
in our first year as an independent public company,” said Sandra J.
Beaty, Executive Vice President, Corporate Affairs at Zoetis. “We are
committed to growing our business in New Jersey where we have access to
a highly educated and diverse workforce, which is essential to managing
a global animal health company. We want to thank Governor Chris
Christie, Lieutenant Governor Kim Guadagno, and their administration for
all their efforts to help create a favorable business climate in the
state. We are proud to call New Jersey our home.”
“The decision by Zoetis to locate its global headquarters in New Jersey
is further confirmation of New Jersey being not only an international
center of excellence for the life science industries but also a growing
hub for the animal health sector,” said Governor Chris Christie. Noting
that three of the leading global animal health companies call the Garden
State their home, he said, “Our workforce, with its abundant supply of
highly skilled scientists, veterinary specialists and skilled
professionals is ideal for Zoetis and well-matched to the demands of the
dynamic animal health industry.”
The New Jersey Economic Development Authority awarded Zoetis a Business
Employment Incentive Program Grant of $19 million on Aug. 14, 2012.
Under the terms of the grant, Zoetis has located approximately 400
employees at its 100 Campus Drive headquarters in Florham Park. The
property is owned by KBS Real Estate Investment Trust II and managed by
CBRE. Employees there support the company’s global business functions
and its marketing and veterinary technical services operations in the
United States and the Canada-Latin America region.
Zoetis, the largest independent animal health company worldwide,
announced its formal separation from Pfizer upon the completion of an
exchange offer on June 24, 2013.
Zoetis discovers, develops, and manufactures medicines and vaccines for
companion and farm animals. The company has a diverse product portfolio
with more than 300 product lines which serve eight core animal species:
dogs, cats, horses, dairy and beef cattle, pigs, poultry, sheep, and
fish. Zoetis generated $4.3 billion in revenues in 2012 with
approximately 65 percent of revenue coming from sales of products for
farm animals and 35 percent from products for companion animals. The
company has more than 9,300 employees worldwide, including 1,000
employees devoted to R&D. Zoetis has operations in 70 countries and
markets its products in more than 120 countries.
About Zoetis
Zoetis
(zō-EH-tis) is the leading animal health company, dedicated to
supporting its customers and their businesses. Building on a 60-year
history as the animal health business of Pfizer, Zoetis discovers,
develops, manufactures and markets veterinary vaccines and medicines
complemented by diagnostic products and genetic tests and supported by
technical services, with a focus on both farm and companion animals. In
2012, the company generated annual revenues of $4.3 billion. With
approximately 9,300 employees worldwide at the beginning of 2013, Zoetis
has a local presence in approximately 70 countries, including 29
manufacturing facilities in 11 countries. Its products serve
veterinarians, livestock producers and people who raise and care for
farm and companion animals in 120 countries. For more information on the
company, visit www.zoetis.com.
Zoetis is the proud sponsor with the Smithsonian Institution Traveling
Exhibition Service and the American Veterinary Medical Association of
the mobile educational exhibit Animal Connections: Our Journey
Together. Families visiting the exhibit will explore the important
bonds between people and animals and learn about the important role
veterinarians play in protecting animal and human health. For more
information, visit https://www.zoetis.com/animal-connections-tour
Elinore White, 973-443-2835
elinore.y.white@zoetis.com