Promega Corp., the Fitchburg biotechnology firm, has had a busy week.
According to the state’s job creation agency, the company plans to expand its manufacturing operations in Madison. That announcement comes after Promega broke ground on a $190 million facility in Fitchburg on Wednesday, a 270,000 square foot center next to the company’s headquarters.
The Wisconsin Economic Development Corp., a private-public economic development agency, announced on Thursday that it will authorize $185,000 in tax credits to support Promega’s plans to move some manufacturing operations from California to Madison, creating 25 new jobs and $750,000 in new capital investments in its existing facilities. Read the full story here.