COLLEGE STATION- A company that makes vaccines wants to expand in Texas A&M's Bio-Corridor and it's getting the backing of College Station.
The College Station City Council Thursday night approved a nearly $1.1 million dollar property tax break for Kalon Biotherapeutics over a seven year period.
The company plans to expand from its current facility at the National Center for Therapeutics Manufacturing on Discovery Drive, to a new facility near the Traditions Club.
Kalon is obligated to create $70 million in real and personal property valuation, along with 100 full-time equivalent jobs with an annual payroll of $6 million beginning in 2018.
To comment, the following rules must be followed:
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.