Tax Credit Announced for Pharm. Development

Tax Credit Announced for Pharm. Development

Governor Tony Evers has announced a 100-million-dollar tax credit for an upcoming pharmaceutical development. 

Eli Lilly and Company announced last year it had acquired a manufacturing plant in Kenosha County previously owned by Nexus Pharmaceuticals.  The company will receive credits depending on it meeting capital investment goals and job creation targets.  The expansion plans to add 750 jobs to the facility.

Leave a Reply

Your email address will not be published. Required fields are marked *