City To Give Biotech Firm Illumina, Inc. $1.5 Million In Tax Incentives Over 10 Years
The City Council on Monday unanimously ratified a 10-year, $1.5 million economic incentive agreement with medical equipment-maker Illumina, which will keep 300 manufacturing and sales employees in San Diego.
Illumina, which makes devices for genetic analysis, was recently named the “Smartest Company in the World” by the Massachusetts Institute of Technology.
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