Thursday, December 26, 2013

With new hires, Scripps hits final goal in state contract | www.mypalmbeachpost.com

However, it has not proven to be the economic engine and job creation panacea that Scripps was thought to be. Click title for link. From the article:
But Scripps Florida hasn’t delivered on the ambitious promises made by former Gov. Jeb Bush when he lured the lab here in 2003. He touted an economic impact study that said the incentives for Scripps Florida would spawn some 6,500 spinoff jobs and create as many as 50,000 high-paying jobs statewide in 15 years.
To accommodate all the Scripps spinoffs and drug firms expected to flock to the area, Bush often said northern Palm Beach County would need 8 million square feet of space for labs, offices and drug plants.
Ten years on, Scripps Florida has created only three spinoffs, and one promising company that moved to Jupiter to be near Scripps was sold and moved out of the area. Dreams of Big Pharma plants coming to town and hiring hundreds of Palm Beach County workers remain just dreams.