Baxter International, Inc. is a global employer in the healthcare industry with more than 49,000 workers world-wide. According to the company’s website, Baxter operates at 6 locations within the State of California.
One of those is at 4501 Colorado Boulevard in Los Angeles, within the recently expanded East Los Angeles Enterprise Zone. It was there that Los Angeles Mayor Antonio Villaraigosa announced today that Baxter International would indeed be staying put!
In a press event at the Baxter International Inc. manufacturing plant on Colorado Avenue, Villaraigosa said that the Illinois-based drug maker had decided to remain and even expand following broadening of the East Los Angeles State Enterprise Zone, which entitles businesses to tax breaks and other incentives. The plant employs 600 people.
“Baxter would like to thank the mayor’s office for providing the necessary information and support to aid in our decision,” said Joy Amundson, corporate vice president and president of Baxter’s BioScience division. “We recognize the importance of nurturing a vibrant business community and appreciate the value in retaining and creating jobs in Los Angeles.”
Read the story by Deborah Crowe, Web Editor & Reporter (health care & biotechnology) in today’s online Los Angeles Business Journal.