Albany Molecular Research, Inc. (AMRI) has signed anagreement to acquire two pharmaceutical manufacturing sites, along with additional land for future expansion, in Aurangabad and Navi Mumbai, India. AMRI will acquire the assets — including facilities, employees, products and equipment– of Ariane Orgachem Pvt. Ltd. in Aurangabad and Ferico Laboratories Ltd. in Navi Mumbai for approximately $11 million in cash. In fiscal 2006, the assets generated around $5 million in revenue. All ...