Monday, Sep 11, 2000
South San Francisco and Vacaville, Calif. -- September 11, 2000 --Genentech, Inc. (NYSE: DNA) today announced the launch, and expansion, of its annual "Genentech Goes to Town" community relations program. Originally launched and conducted only in the company's hometown of South San Francisco, the annual event is being expanded this year to include Vacaville, the home of Genentech's new manufacturing facility.
"Being a supportive, responsible community member has always been important to our company," said Frank Jackson, general manager of Genentech Vacaville. "Weire proud to be a member of the Vacaville community and we're pleased that we can bring this innovative and fun program to the downtown businesses as a demonstration of our community support."
Vacaville Mayor David Fleming, Downtown Vacaville Business Improvement District president Joe Lopez, along with Jackson, will kick off the "Genentech Goes to Town" program today in Vacaville at a ceremony on the steps of the Vacaville Chamber of Commerce.
"Genentech Goes to Town" is designed to support downtown business areas, by encouraging Genentech employees to shop locally for goods and services. This year, Genentech will provide $25 worth of "GenenMoney" to each of its regular and temporary employees, post-doctoral fellows, summer interns and visiting scientists. The special "GenenMoney" is redeemable only at participating businesses.
Beginning today through September 22, approximately 5,000 Genentech employees, including some 500 employees in Vacaville, will spend their "GenenMoney," approximately $125,000, at retail stores, services and restaurants in both South San Francisco and downtown Vacaville as part of the program. Throughout the two-week program, special shuttles will take employees back-and-forth from Genentech campuses to the downtown areas.
To kick off the program in South San Francisco, representatives from the City and the Chamber of Commerce will present Genentech with a proclamation on the steps of City Hall. Entering its eighth year, the "Genentech Goes to Town" program has brought more than $725,000 into the company's hometown of South San Francisco since 1993.
Genentech, Inc. is a leading biotechnology company that discovers, develops, manufactures and markets human pharmaceuticals for significant unmet medical needs. Fourteen of the currently approved biotechnology products stem from Genentech science. Genentech markets nine biotechnology products directly in the United States. The company has headquarters in South San Francisco, California and is traded on the New York Stock Exchange under the symbol DNA.
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