Dayton, Franken Hail Biotech Firm For Minn. Plans

ST. PAUL, Minn. (AP) — Gov. Mark Dayton and U.S. Sen. Al Franken are praising a biotechnology company that plans to expand in Coon Rapids, Minn., with state and city help.

The two Democrats appeared at a Capitol news conference Thursday with Biovest International President Samuel Duffey.

Biovest plans to start manufacturing a cancer vaccine for non-Hodgkin’s lymphoma, adding 14 skilled jobs in Minnesota within two years. Duffey says the expansion eventually could lead to hundreds of new jobs here.

The Tampa-based company is getting a $250,000 loan from the state Department of Employment and Economic Development and a $100,000 loan from the Coon Rapids Housing and Redevelopment Authority, plus privately financed improvements to the building it leases.

Dayton says Republican predecessor Tim Pawlenty’s administration credit shepherded the state’s involvement in the project.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

One Comment

  1. McKensie says:

    We know that Dayton and Franken are going to tax the He77 out of Minnesota Businesses and thats why our company is leaving the State. I am sure that others are planning to do the same. No future here in a negative business climate.

    1. Don't Let the Door Hit You YouKnowWhere says:

      Corporate America has won tax cut after tax cut after tax cut. Many pay NO federal taxes. You call this taxing the He77 out of MN businesses?

      Try screaming about something which has “some” degree of relevance.

  2. Smithy says:

    I’ll be good to see you negative types leave.

    Chao!

  3. Dennis P says:

    It’s comical that the democrat who responded to the business owner leaving the state couldn’t even write a correct sentence…big surprise there…:)

  4. Smithy says:

    You must be voting for Palin in 2012😉

    Seriously though you should get back to your vinyl sided suburban house, your camry, and your over sized depends…

    Your the blue collar republican that is gettin’ the wool pulled over your eyes by the Koch brothers…😉

  5. Koch Brothers says:

    Top 1% now have wealth greater than bottom 90% COMBINED. Wake up people.

    Those who support Republican views on tax savings for the top 10%, are only contributing to this stratification.

    http://www.zerohedge.com/article/visual-reminder-us-social-stratification

  6. helper says:

    Nicely Said

    Although the republican/tea-bag/conservative/bible bumper crowds are so thick headed they will not understand. Remember every problem known to man was caused by them ‘liberals’

    1. Patriotic Liberals says:

      Especially “them” liberals who revolted against King George III in 1776 while our conservative friends (the Tories) opted to remain loyal to the Crown.

  7. JMJ says:

    If you boys don’t have anything nice to say don’t say anything at all. Plus none of you are backing yourselves up with any facts either. I voted for Frankin, but since that vote I have not heard him in the media telling people what he is going to do or what his plans are. The few times I have seen him on TV while a reporter tried to interview him he won’t answer. He is arrogant and rude. 14 jobs with the possibility of hundreds more. Sorry doesn’t cut it. And if someone is successful they should be able to keep the income THEY EARNED. Quit acting like jealous children on the playground.

    1. JMJ Ignorant says:

      Where are your facts? You are really ignorant.

      In most cases, they earned it manipulating our government, elections, and regulations. How do you explain the huge amounts of money these businesses spend on lobbying and thinktanks to support their ideas and businesses?

      http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer

    2. A Taxpayer Speaks... says:

      “If someone is successful they should be able to keep the income THEY earned..”

      Yes, successful at earning that income while utilizing taxpayer-funded infrastructure such as efficient publlc roadways, taxpayer-subsidized sources of energy, water/sewer services, the security provided by public safety officials (police/fire), taxpayer-subsidized research which created many of the technologies to make you/your business productive and the MOST important element to a business owner’s success—a highly educated and trained employee base.

      Sorry pal, if you want to reap the benefits of prospering in an organized and efficient infrastructure, you’re going to have to share the costs of providing that organized and efficient infrastructure.

      1. helper says:

        How very true…

        Remember, it wasn’t that long ago that the top earners paid 60%of their income in tax. This was a time of great infrastructure building in the US. Tons of jobs, people paid off their houses in years, not life times. Then that destroyer of America, Ronald Regan, came in and limited the top tax rate.

        This was the beginning of the downfall of the US.

  8. Allah says:

    Is it just me or does everyone want to grab Franken by his ears and go all deliverance on him???

    1. helper says:

      No that’s just you. Must be a conservative thing…

      1. Allah says:

        I am no conservative sir…..I just love his ear’s…….

  9. helper says:

    Just tax the mega-churches!

    All budget problems fixed!

  10. pat says:

    Previously on job creation with democrats, they imposed a tax increase specifically targeting medical device companies, company’s with legit products more then any other and furthermore do have a presence in the state MN. (can’t say the same of government motor plants, which are opening in Canada and mexico).

    Medtronic (a company based in minnesota), cut thousands of jobs, along with Boston scientific. A upstart named ironical acorn outright vanished to a juggernaut of bureaucracy.

    I do actually have a science degree in a applicable one and I have been having a damn trouble finding any decent work in this state, medtronic certainly has not given me any interviews at this time.

    Guess you didn’t need my vote in 2010, sure don’t need it in 2012 or 2014.

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