HILLSBORO
Washington County’s Board of Commissioners and the
Hillsboro City Council unanimously approved a $25.95 million
tax deal for Genentech,
a San Francisco biotechnology company that plans to build a
packaging facility in Hillsboro later this year. The deal gives
the company a 15-year break on property taxes. Genentech is
being heralded as the next Intel despite recent news of layoffs
at the semiconductor giant a company poised to add jobs in
Oregon instead of California. The company will use the facility
for filling and packaging commercial biotechnology
therapeutics. Genentech could fill 300 new jobs iin Oregon by
2015.
