Data entry clerks at Capital Returns tag drugs returned by local pharmacies for sorting and return to drug companies in this 2005 photo. (Photo: Rick Wood, Milwaukee Journal Sentinel)
A North Carolina firm that recently bought a Milwaukee pharmaceutical-processing operation is shutting it down and cutting 265 jobs.
Inmar Inc., based in Winston-Salem, North Carolina, notified state officials Thursday that it will close its plant at 6101 N. 64th St. Most of the 265 employees are expected to lose their jobs between June 15 and Aug. 31.
The operation being closed long did business as Capital Returns, a once-rapidly-growing firm that accepted expired pharmaceuticals and shipped them back to the manufacturers. The company was known for hiring minority residents of Milwaukee’s northwest side.