Lannett

News
6:04 pm
Wed March 5, 2014

Lawmakers Approve Cody Loan Bill

A bill that establishes a new large state loan program and also benefits a Cody business has passed the legislature. 

The House made final touches to the bill that will give a $24-million state loan to Lannett Co. Inc., which is considering a nearly $100 million expansion of its Cody lab.  In final debate, some in the House questioned the state giving such loans.  Evansville Representative Kendall Kroeker says all businesses need loans.

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Legislative
5:47 pm
Tue February 25, 2014

Senate Passes Heavily Amended Loan Bill

The Wyoming Senate has voted 26 to 4 to approve a bill that will help recruit a company to Cody and establish a loan program to recruit other large businesses.  

Roughly $25 million in state loans will be used to help the Lannett Company expand a lab in Cody, but in an effort to avoid violating a constitutional provision against benefiting a single entity, the Senate broadened the bill with a series of amendments.  

This concerned Lander Republican Cale Case, who opposed the bill.

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