WHITEHOUSE STATION, N.J. (AP) — The drugmaker Merck & Co. announced Tuesday that it will move its global headquarters within New Jersey as it looks to lower operating expenses and consolidate its properties.

The company's headquarters are moving about 25 miles east from Whitehouse Station to another Merck site in Summit, which is about 12 miles west of New York City.

The headquarters have been in Whitehouse Station since 1992 and were in Rahway, N.J. before that. The building housing its headquarters in Whitehouse Station will close.

Merck said the Summit property was chosen because it has extra work space available, houses multiple operations and is closer to major transportation hubs and urban centers.

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