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Frederick County Council votes to contribute $3.8M to support MedImmune expansion

By September 18, 2015News
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The Frederick County Council has voted to financially support the expansion of MedImmune’s Frederick manufacturing plant, a project the company says will bring 300 new jobs.

The Frederick News-Post (http://bit.ly/1Kmya4R ) reports that, in a 6-1 vote, the County Council on Tuesday approved the county’s $3.8 million contribution to a $6.8 million conditional loan for MedImmune’s expansion. The agreement guarantees the AstraZeneca-owned firm certain tax credits and access to county resources over the next decade.

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