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Alexion Flees Cheshire For New Haven

by Thomas MacMillan | Jun 19, 2012 12:47pm
(2) Comments | Commenting has expired
Posted to: Business, Town News, Cheshire, New Haven, Health Care

Thomas MacMillan photo

Alexion CEO Leonard Bell points to his company’s new home.

History went into reverse Tuesday, as a major employer crossed municipal limits on I-91—but this time it moved from the suburbs into the city.

The move was a homecoming of sorts for Alexion Pharmaceuticals.

Lured by up to $51 million in state aid, Alexion—which hatched in New Haven, then fled as it grew—is reversing the flight-to-the-suburbs trend and returning its corporate headquarters from Cheshire to New Haven’s new Downtown Crossing project.

Click here to continue reading the New Haven Independent’s report.

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(2) Comments

posted by: THREEFIFTHS | June 19, 2012  3:29pm

We have to grasp, as Marx and Adam Smith did, that corporations are not concerned with the common good. They exploit, pollute, impoverish, repress, kill, and lie to make money. They throw poor people out of homes, let the uninsured die, wage useless wars for profit, poison and pollute the ecosystem, slash social assistance programs, gut public education, trash the global economy, plunder the U.S. Treasury and crush all popular movements that seek justice for working men and women. They worship money and power.”
― Chris Hedges, The Death of the Liberal Class

posted by: Hoosier@CT | June 20, 2012  8:03am

The comments posted by THREEFIFTHS paints a picture with a very broad brush. Not all companies and not all people act as irresponsibly as these acts described in 3/5ths entry. Without companies, we would not have commerce. Without commerce, we would be in worse shape than the poorest 3rd wold country out there. Connecticut needs to be a business friendly state, and attract new businesses, new commerce, and as much as possible, trade with outside countries. But we cannot do this by writing blank checks. We cannot spend our way out of debt, we have to act in a reasonable, and planned out way that will grow our commerce, and therefore grow jobs in CT. Luring a company from one town in CT to another seems short-sighted and divisive at first glance to me, but time will be the judge in the end. I really don’t trust Gov. Malloy to act in the best interest of the citizens of Connecticut, and so I welcome the challenges by the House Minority Leader, and the Senate Minority Leaders to this activity in the name of “Transparency”.