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$25M To Keep A Company In St. Louis

Posted by: Brenda Meyer

10 September 2005 - 5:00am

Despite incentives by other counties and states, Express Scripts, one of the largest pharmacy benefits managers in the nation, is accepting a deal to stay in St. Louis.

"Express Scripts will get $5 million in tax breaks for keeping the 1,100 jobs in Missouri. The rest of the $20 million will come in exchange for adding new jobs and building the 320,000-square-foot office on land that's now a hodgepodge of houses and other entities.

The deal ranks alongside similar ones with Ford Motor Co. and MasterCard International as some of the largest local public investments aimed at protecting Missouri jobs."

Full Story: Subsidies were key to keeping firm here
Source: St. Louis Today, September 10, 2005
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