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Delaware Business Now
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Delaware is paying a hefty price per employee in offering a $19 million grant for a proposed pharmaceutical manufacturing site in Middletown.
On Monday morning, the Council on Development Finance approved a financial package for a unit of China-based WuXi AppTec. The advisory panel made up of private and public representatives sends its recommendations to the state’s Small Business Director for final action.
The company is expected to make a decision on proceeding with the project in a couple of weeks.
The Delaware Prosperity Partnership, which has been involved in the effort to bring the plant to Delaware since 2020, confirmed that the grant is based on the company having about 500 workers in the first phase of the project.