Business Incentives

Economic Development Awards

Enter The 2024 EDO Awards! Deadline Extended To March 21

Submit your story to Business Facilities' editors for consideration in the 2024 Economic Development Organization Awards.
Michigan

Future Mobility, Sustainability Projects To Bring More Than 1,360 Jobs To Michigan

Corning will invest $900M in Saginaw County manufacturing facility; EV maker Lucid Motors’ new R&D facility will bring over 250 jobs to Southeast Michigan.
Montgomery County, Texas

Lone Star State Success Driven By ‘Hardworking Texans’

Governor Greg Abbott credits the state’s residents — and economic development tools — for its top business ranking.
data center locations

Data Centers Grow Despite Fears Of ‘Complete Halt’

Northern Virginia and Portland, OR tied at No. 1 as top data center regions in North America, according to a Cushman & Wakefield report.
Mack Trucks Virginia

Mack Trucks To Invest $14.5M In Virginia Expansion

Mack Trucks will create 51 jobs with an expansion of its Roanoke County manufacturing operation. Meanwhile, Virginia will grant six communities a total of $1.76M for brownfields restoration.
Pennsylvania economic development

Pennsylvania Launches New Economic Development Strategy; Focuses On Robotics, Tech

Pennsylvania’s new 10-year economic development strategy will focus on growing its agriculture, energy, life sciences, manufacturing, and robotics and technology sectors.
Creation Technologies New York

Rokt Will Invest $17.6M To Expand New York City HQ

Empire State Development will support Rokt HQ expansion in New York City with $4.7M in Excelsior Jobs Program tax credits. Plus, Creation Technologies opens $22M manufacturing facility in Wayne County.
Meta Indiana Data Center Campus

Meta Plans $800M Data Center Campus In Indiana

At River Ridge Commerce Center in Jeffersonville, IN, Meta will create 100 jobs at its new data center and Bintelli will invest $4M to expand its EV operations.
Michigan Strategic Fund

Michigan Strategic Fund Helps Three Companies Create Nearly 1,000 Jobs

In Detroit, Australia-based Fortescue will establish Advanced Manufacturing Center, Germany-based EcoG plans U.S. headquarters. Plus, Fifth Wheel Freight plans new flagship headquarters in the Great Lakes State.
Stardust Oklahoma

Stardust Power Picks Oklahoma For Battery-Grade Lithium Refinery

Stardust could be eligible for up to $257M in state, federal economic incentives for the Muskogee facility. Plus, Oklahoma launches its new SITES Ready Program 
Business Facilities LiveXchange

Business Facilities LiveXchange: You’re Invited!

If your company plans to expand or relocate within the next three years, you're invited to join us at our executive site selection conference – Business Facilities LiveXchange – March 17-19 in Richmond, Virginia.
New Mexico Job Training

New Mexico Awards Job Training Funds To 14 Companies

In 2023, the New Mexico Economic Development Department’s Job Training Incentive Program (JTIP) assisted a total of 44 companies in 11 counties.
Putnam County, Florida

Putnam County: The Perfect Place To Relocate Your Business!

Putnam County, Florida is a progressive rural community with easy access to major metropolitan areas, a competitive business climate, and an attractive lifestyle.
Governor Henry McMaster

Governor’s Report: South Carolina Boasts Booming Economy

Gov. Henry McMaster says South Carolina is in its best fiscal condition in modern history, making it the best place to do business.
Amkor Arizona

Amkor Will Create 2,000 New Jobs In Arizona

In Peoria, AZ, Amkor will invest $2 billion to build what will be the largest outsourced advanced packaging and test facility in the U.S.
Forge Battery North Carolina

Forge Nano To Invest $165M In North Carolina

Forge Nano will launch a new lithium-ion battery manufacturing company, Forge Battery, that will create hundreds of jobs in Wake County, NC.
Lancaster County, South Carolina

Lancaster County: A Gold Mine Of South Carolina Opportunities In The Charlotte Metro

Lancaster County’s pro-business practices, affordability, and lifestyle have it among the nation’s fastest-growing counties, and there’s room to grow.
Nissin Foods South Carolina

Nissin Foods To Create 300 Jobs In South Carolina

Nissin Foods, inventors of the first instant ramen noodle, will invest $228M to establish manufacturing operations in Greenville County, SC.
Westinghouse Pennsylvania

Westinghouse To Develop Clean Energy Technology In Pennsylvania

Westinghouse will invest at least $18 million to further develop its innovative eVinci™ transportable nuclear battery technology in Allegheny County, PA.
New Mexico

New Mexico: Supporting Entrepreneurial Spirit

There's a renewed focus on entrepreneurs In New Mexico with the state’s Economic Development Department's new Office of Entrepreneurship.
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
Economic Development Awards

Enter The 2024 EDO Awards! Deadline Extended To March 21

Submit your story to Business Facilities' editors for consideration in the 2024 Economic Development Organization Awards.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.