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Pharma giant gets state incentives to build IT hub in Austin

merck-coThe New Jersey-based pharmaceutical giant will receive $6 million from the Texas Enterprise Fund, according to a Monday announcement from Gov. Greg Abbott.

Merck & Co. Inc. headquarters in New Jersey. The pharma giant plans to invest at least $28.7 million on an information technology hub in Austin.

Per the state incentives agreement, the company plans to invest at least $20 million and create 341 full-time jobs by 2020.

Click here to read the original article: Pharma giant gets state incentives to build IT hub in Austin Austin Business Journal 7-17-2017

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