advertisement

Missouri Development Finance Board approves bonds for Express Scripts expansion

Tuesday, October 20, 2009 | 3:45 p.m. CDT

ST. LOUIS — The Missouri Development Finance Board has voted unanimously to approve $3 million in bonds for a possible Express Scripts expansion in suburban St. Louis.

The nation's largest pharmacy benefits manager, Express Scripts, is deciding whether to build a new $60 million drug distribution center in Missouri or Pennsylvania.

The finance board's vote Tuesday was the final step in approving bonds from the BUILD program, which provides incentives for the creation or expansion of large business projects in Missouri. Applicants for the incentives need to invest $15 million in capital improvements and create at least 100 new jobs in three years.

Express Scripts did not immediately return a phone call seeking comment on the vote.


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements