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Tax Deal Endorsed For $60 million WuXi Biologics Project In Worcester

By |2020-05-16T17:02:52+00:00March 16th, 2020|

Worcester Telegram - March 2020
The City Council Economic Development Committee Monday night unanimously endorsed a 20-year tax increment financing plan for the project that would save the company roughly $11.5 million in property taxes over the life of the plan. During that period, the city would receive $20.7 million in new tax revenue from the project. Learn More