Skip to main content

Minn. leaders quietly trying to lure drugmaker Baxter with tax breaks


State and local officials are secretly seeking a multimillion dollar package of tax incentives to entice Baxter International, a Fortune 500 pharmaceutical company based in Illinois, to begin operations in Minnesota, MPR reports.

The Star Tribune says Baxter's planned expansion in Brooklyn Park could bring nearly 200 high-paying jobs to the Twin Cities metro.

Legislators are considering more than $15 million in taxpayer subsidies for the biotech firm, according to the Associated Press.

Gov. Mark Dayton declined to name the "mystery" firm on Tuesday, but Brooklyn Park City Manager Jamie Verbrugge later confirmed to MinnPost that Baxter International was the interested company.

Baxter International paid nearly $10 million for a long-idled former biotech facility in Brooklyn Park earlier this year. That's where it plans to complete a two-phase renovation project that could total more than $300 million.

Next Up

Kirill Kaprizov

Wild win battle of NHL's hottest teams, extend winning streak to six

Kirill Kaprizov delivered a shootout winner to take down the Maple Leafs.

Eric Kendricks

Vikings downgrade Eric Kendricks to out against Lions

The Vikings have also activated Michael Pierce from injured reserve.

u.s. attorney

Minnesotan sentenced after assaulting man with baseball bat

Marshall Wayne Boshey was sentenced to 30 months in prison followed by two years of supervised release.

Target store

Target's gift card discount is back, but for this weekend only

The fine print: for Target Circle members only (but membership is free).

Screen Shot 2020-06-15 at 7.11.05 AM

Minneapolis teen arrested in St. Cloud after fleeing police in stolen vehicle

The vehicle was stolen in a car-jacking in Minneapolis Thursday.

snow, blowing snow

Winter storm warnings issued with heavy snow set to slam MN

Parts of northern Minnesota could see more than a foot of snow, but there won't be much in the Twin Cities.

D'Angelo Russell

With KAT out, Timberwolves can't upset Nets

D'Angelo Russell stepped up but couldn't overcome Brooklyn's firepower.

Everson Griffen Vikings dot com

Everson Griffen confirms he has bipolar disorder

"I’ve been running from it a long time. I’m not ashamed of it anymore.”

Angela Renee Jones, St. Cloud murder suspect

St. Cloud suspect now charged in two local murder cases

Both murders happened within a day of each other in June.