Baxter International Expanding MS Plant
DEERFIELD, IL—Medical equipment maker Baxter International is expanding a Cleveland, MS, plant, with plans to add 50 to 100 new employees in about two years. The Associated Press re[ports that the company is doubling capacity at its Cleveland plant to fill bottles of irrigation solution used to clean tissue and wounds.
Baxter is also adding equipment to begin making a new version of a product used to stop bleeding during surgeries, called Floseal Hemostatic Matrix. The company has already started construction on an addition to the plant.
Based in Deerfield, IL, Baxter has operated the Cleveland plant for 69 years and currently has about 600 employees. Cleveland is the company's longest-operating plant.
Depending on how much it spends in Mississippi, Baxter could be eligible for an incentive that allows local governments to cut local and school property taxes by two-thirds on projects worth $60 million or more. Such a large investment would typically be aided by other state and local incentives.