Officials in Florida and Louisiana are hoping to bring more biotechnology business to their states by offering a number of incentives and state-of-the-art facilities.
In St. Petersburg, local, county and state leaders are trying to lure an unnamed biotechnology company to the downtown area, according to the St. Petersburg Times.
City council members are expected to vote on a deal that would give the firm 1.25 acres at the Dome Industrial Park, as well as more than $600,000 in tax and other incentives.
The company has told local officials the move to Florida would create approximately 238 jobs over the next six years, each with an average annual salary of $120,000.
Meanwhile in Louisiana, the recent opening of the New Orleans BioInnovation Center (NOBIC) could bring hundreds of new industry jobs to the area, according to WWL News.
The new life science center can accommodate up to 80 startup and entrepreneurial companies, and will provide research support through the Louisiana State University Health Sciences Center.
NOBIC already houses seven startup companies and is working to develop more than 20 new scientific discoveries.