By Carlo Martuscelli

GlaxoSmithKline PLC (GSK.LN) said Thursday that it will close a skincare manufacturing site in Sligo, Ireland, putting 165 jobs at risk.

The pharmaceutical company said it will wind down production over the course of three years before closing the factory in the second half of 2021.

Glaxo cited insufficient demand for the products produced at the site as the reason for the closure.

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

(END) Dow Jones Newswires

August 16, 2018 09:39 ET (13:39 GMT)

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