Mitch Daniels is doing it again. His method of job creation seems to be 1) obtain a commitment of some type; 2) ignore the fact that the jobs won’t be here for two or three years; and 3) take credit.
Here’s the headline:
INDIANA IS HOME TO MEDCO ‘FLAGSHIP’ – $150 MILLION PHARMACY TO GENERATE 1,300 JOBS.
What isn’t reflected in the headline are the particulars of the deal, so here they are:
- Medco Health Solutions, a New Jersey based corporation, will build a 318,000-square-foot pharmacy right here in Indiana
- No location selected yet but potential sights are somewhere in either Johnson, Hendricks, or Boone counties – perhaps throwing a dart may be the way the location will be established (location to be picked within the next 30 days according to the president and CEO, Kenneth Klepper)
- The pharmacy will be automated
- Construction will start next year – that would be 2008
- Pharmacy to open in 2009
- Hiring will start next year with most of it being done in 2010 and 2011 – got that?
- By 2012, the company expects to employ around 1,300 people
Daniels and Klepper have already announced all of this exciting news even though most of the jobs won’t be filled – gasp – for three to four more years.
And, if you want to know where your tax dollars are going, well, Daniels and the state offered Medco up to $18.25 million in performance-based tax credits and up to $450,000 in training grants.
In addition, new rules passed by the Indiana Board of Pharmacy board Friday, just coincidentally, establish standards covering facilities that use automation technology to store, package, dispense and distribute prescription drugs. The new rules will allow Medco to install the latest technology in its mail-order distribution center.
I sure hope that the average reader of news media looks past the large headlines that Daniels seems to be so fond of generating to see that Daniels truly has perfected his one-two-three plan of obtaining a commitment, ignoring the time line, and taking credit for feats yet to be accomplished.
Here’s a thought – I wonder if we will see any major donations from the pharmacy industry – namely Medco – to Daniels campaign?