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Committee advances Roche Diagnostics tax-abatement request tied to $550M campus expansion
Summary
The Metropolitan and Economic Development Committee on July 14 approved a statement of benefits for Roche Diagnostics, which plans a multi‑year $550 million campus expansion to expand continuous glucose monitoring manufacturing, retain 2,600 jobs and create 650 new jobs.
The Metropolitan and Economic Development Committee on July 14 approved the statement of benefits for Roche Diagnostics’ tax-abatement request (proposal 211), supporting the company’s planned campus expansion in the Castleton allocation area.
Program staff said Roche’s application requests a 10-year real-property and 10-year personal-property tax abatement…
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