Amylin Pharmaceuticals Inc. (AMLN)

[SeriousMoney]

Local firms win state development grants
Cincinnati Business Courier - 11:35 AM EST Tuesday

A biomedical company planning a Butler County facility and a Cincinnati chemical firm were two of the 12 businesses and municipalities to divide more than $11.5 million in Ohio Department of Development grants.

Gov. Bob Taft on Monday announced the awards, which assist companies in creating and retaining jobs in Ohio.

Amylin Ohio LLC, a subsidiary of Amylin Pharmaceuticals in San Diego, was awarded a $100,000 business development grant to buy machinery and equipment for a manufacturing plant it will build in West Chester. The company has acquired a 150,000-square-foot building on 26 acres, where it will produce pharmaceuticals. The $70 million project is expected to create 52 jobs during its first three years of operation.

http://cincinnati.bizjournals.com/cincinnati/stories/2006/03/13/daily18.html