Remember, Wisconsin is BAD for business, mmmkay?

So do not read this brief article from the Milwaukee Journal Sentinel if you believe that line of thinking:

WEDNESDAY, Aug. 13, 2008, 3:30 p.m.
By Kathleen Gallagher

Pharma company moving to Wisconsin

A Florida company aiming to bring to market an improved formulation of a widely used anesthetic is moving its headquarters and research lab to Wisconsin, it said this afternoon.

The company, NanoMedex Inc., is based on a nanotechnology method developed at the University of Florida-Gainesville for improving formulations for therapeutic agents that are poorly soluble in water.

NanoMedex recently received funding from Kegonsa Capital Partners, Fitchburg, and pulled in a $290,000 package of grants and loans from the Wisconsin Department of Commerce.

The company plans to move to Dane County Sept. 1. Its CEO is David L. Cooper, who was previously chief medical officer at Madison-based NimbleGen Systems Inc., which was acquired last year for $272.5 million by the diagnostics arm of Roche Holding AG, the Swiss pharmaceutical giant.

Clearly they’ll regret they ever did that once they find out how bad the tax climate is for businesses to be located here. But that would mean they made a bad move, which is insulting to businesses, so I shouldn’t say that, but there you go—Wisconsin is bad for business, because the second you bring one here, all of the lefty bloggers, every single one without fail, will insult your business acumen.

It’s a good thing no one ever tried to start a business here. I mean, imagine what that would do to somebody!

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Author: Jason Haas

Jason is an elected member of the Milwaukee County Board of Supervisors, occasionally moonlights as an amateur gardener, and is a proud father of two, or three, depending on how you do the math.

2 thoughts on “Remember, Wisconsin is BAD for business, mmmkay?”

  1. haas> Nice point!

    Further didn’t a large accounting firm just come out and say Wisconsin is actually very tax friendly for business? yup

    It’s pretty easy to see Wisconsin is going through a slightly painful shift from a manufacturing state to a high-tech state. So when you see job loss it has everything to do with the industry, and the same with gains. JCI is a good example all in one company as they slowly shed their traditional auto-based biz and move into more and more green-tech.

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