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Healey awards $40M in tax incentives to life science company
Original: Healey awards $40M in tax incentives to life science company, expected to create 1,600 jobs
Massachusetts Governor Maura Healey has approved $40 million in tax incentives for a life science company, a package state officials say will support the creation of 1,600 jobs. The award is part of the state's ongoing effort to keep and grow its biotechnology and life sciences sector, one of Massachusetts' key industries. Details on the company's identity and expansion site were included in the announcement.
Why now: The governor's use of significant public tax incentives amid scrutiny of state economic development spending draws public attention.
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Evidence
- Healey awards $40M in tax incentives to life science company, expected to create 1,600 jobs · Boston Herald
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