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Baxter International, Inc. (BAX)'s Hunt For Space In Cambridge Triggers A Counter Effort In Illinois



9/2/2014 6:47:33 AM

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Economic development officials in Illinois are planning to engage Baxter International and lobby for the biotechnology giant to keep its core operations outside of Chicago, a move that could complicate the company’s ongoing hunt for big blocks of space in Cambridge’s Kendall Square.

According to a report by Crain’s Chicago, the Illinois Department of Commerce and Economic Opportunity said it plans to resume recent discussions with Baxter (NYSE: BAX) about its plans for the future. The news came a day after an Aug. 27 story by the Boston Business Journal about Baxter’s ongoing hunt for as much as 400,000 square feet of office and laboratory space in Cambridge.

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