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Gov Praises Los Angeles Enterprise Zone Expansion

Press release from 6/15/2010:

Governor Arnold Schwarzenegger today issued the following statement after joining Los Angeles Mayor Antonio Villaraigosa to announce the city’s proposal of a Business Tax Holiday and that Baxter’s BioScience business, a biotechnology company, has decided to continue its investment in California, a decision based largely on the recent expansion of the East Los Angeles Enterprise Zone:

“I applaud Mayor Villaraigosa and the city of Los Angeles on their continuing efforts to bring companies and jobs to the Los Angeles area. For our economy to recover we need the private sector to add jobs, and the proposed Business Tax Holiday and recent expansion of the East Los Angeles Enterprise Zone are two surefire ways to do exactly that. It’s great news that Baxter’s BioScience business has decided to continue its investment and preserve jobs right here in California as a direct result of the East Los Angeles Enterprise Zone expansion, and I look forward to celebrating the passage of the Business Tax Holiday and the new businesses it will bring to California.”

Here is an article from the Los Angeles Business Journal on the subject as well.

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