Subsidy Tracker Individual Entry

Company: 
Amylin Pharmaceuticals
Parent Company: 
AstraZeneca
Subsidy Source: 
multiple
Location: 
Ohio
City: 
West Chester
Project Description: 

expansion of biotech manufacturing facility

Year: 
2007
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Subsidy Value: 
$117,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
500
Capital Investment: 
$400,000,000
Source of Data: 

The subsidy value and the jobs and investment projections came from: Mike Boyer, "Diabetes drug maker expanding, adding jobs," Cincinnati Enquirer, May 3, 2007. The See also: Growing Pennsylvania's High-Tech Economy (Good Jobs First, January 2010), pp.66-71; online at http://www.goodjobsfirst.org/sites/default/files/docs/pdf/pahightech2010...

Notes: 

The press coverage at the time of the announcement did not provide a clear breakdown of the state and local subsidy amounts, though it was reported that the state was providing, among other things, an $11.1 million Job Creation Tax Credit and the township was providing a 15-year, 100 percent property tax abatement. The main Subsidy Tracker data contains about $550,000 in training funds benefiting Amylin.

Source Notes: 
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