Tuesday, August 3, 2010

Chamber EVP Jim Klocke Quoted in Boston Globe Story on Economic Development Bill

Today, the Boston Globe's featured a column on the economic development bill that was approved by the legislature last week. This important bill contains two of the Chamber's Renew Mass initiatives that are designed to significantly improve Massachusetts’ competitive position and stimulate job creation in our region, with a focus on innovation and investment in Massachusetts-based start-up companies.

Chamber Executive Vice President Jim Klocke was quoted in the article:

...by attracting additional investment from companies expanding in Massachusetts, the chamber estimated the changes would produce an increase of at least $94 million a year in state tax revenue.

“We feel strongly it will be a net revenue producer,’’ Klocke said. “It will make a big difference in our ability to grow jobs in the innovation sector.’’

Click here to read the entire article on boston.com.

For more information on the Chamber's "Renew Mass" economic recovery platform, visit bostonchamber.com.

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