Bayer, which we have recently covered, has been an integral component of the job market for the West Berkley region, and thanks to the Enterprise Zone program, the company has announced they have chosen to stay in the area.

“The enterprise really strengthened our proposal to stay,” said Sreejit Mohan, director of public policy and communication for Bayer.

It’s estimated that Bayer will save approximately $6 million dollars in tax spending. The company will also qualify to receive $36,000 for every worker they hire who meets several qualifications, specifically:

• Native Americans
• Veterans
• Low income individuals

This is another example of the Enterprise Zone program at work, helping to stabilize local economies and increasing job opportunities.

Tags: bayer, mohan, northern California

This entry was posted on Wednesday, September 30th, 2009 at 4:08 am and is filed under Enterprise Zones. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.