Taxes & Incentives

This section provides news items related to taxes and US state incentives. If you are seeking our comprehensive, state-by-state list of taxes, incentives, exemptions, funds & capital investment opportunities you should see our updated State By State Incentives Guide. If you are looking for individual listings with contact information you should visit our Business Facilities Site Seekers Guide.



Paslin Company, Michigan Strategic Fund

Two Manufacturing Projects To Invest Nearly $35M In Michigan

With help from the Michigan Strategic Fund, the Paslin Company and Quantum Fuel Systems will create a total of 187 jobs in Macomb and Oakland counties.
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.
Inflation Reduction Act, Secretary of the Treasury Janet L. Yellen

Treasury Secretary: IRA Led To $650B In Clean Energy Investment

Secretary of the Treasury Janet L. Yellen visits Kentucky on third anniversary of the American Rescue Plan, highlights Inflation Reduction Act's impact on clean energy investments.
Southern Roots Alabama

Pecan Processor To Create 120 Jobs In Alabama

Southern Roots Nut Co. will invest over $16M to open a pecan processing facility in Dothan. Meanwhile, $30M in grants will support development of industry-ready sites under Alabama's new SEEDS program.
Unilever Jefferson City

Unilever, Americold Invest More Than $207M To Grow In Missouri

Unilever will invest over $80M to expand its Jefferson City facility for production of Liquid I.V. Americold will invest $127M to establish its first facility in Kansas City.
Schaeffler Ohio

Schaeffler Plans New EV Manufacturing Facility In Dover, Ohio

The Germany-based company's $230M investment in facilities at Dover and Wooster will create a total of 650 EV industry jobs in Ohio by 2032
UBE Louisiana

UBE Plans $500M EV Battery Ingredient Plant In Louisiana

The Japanese chemical company's first U.S. manufacturing facility will be located at Cornerstone Energy Park in Jefferson Parish.
Indiana Growth

Indiana: Bold Moves For Bold Growth

Statewide initiatives continue momentum toward growing and diversifying the Hoosier State economy.
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.
Missouri

Show-Me State Prioritizes Infrastructure, Workforce Development

Myriad companies have moved into Missouri communities around Kansas City, St. Louis, and Joplin over the past year.
Fairfield County, SC

Fairfield County, SC: Shaping The Future, Starting Now

This rural county situated between Columbia and Charlotte offers ideal sites and settings for manufacturers and their families alike. The growth surge has begun.
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.
Utah Business

Utah Tax Credits Assist With Expansions Across Industries

Companies across industries have chosen to expand their operations in Utah — due, in part, to tax credits.
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.
Michigan workforce programs

Michigan Welcomes ‘Risk-Takers,’ ‘Gritty Workers’

Michigan has workforce programs in place to bring business to the state, and has seen continued success in the auto industry.
SOLARCYCLE Georgia

SOLARCYCLE To Build First-Of-Kind Solar Panel Glass Plant In Georgia

The $344M facility will bring 600 jobs to Polk County. Meanwhile, Doowon Climate Control America plans a $30M manufacturing facility in Candler County, and Georgia breaks export records.
Large Power Transformer, Siemens Energy, Siemens Energy North Carolina

Siemens Energy To Create 559 Jobs In North Carolina

Siemens' nearly $150M expansion project in Mecklenburg County will also add jobs in Wake County. In Bladen County, Sovereign Aerospace will invest $4.15M to manufacture, sell, and service personal aircraft.
certified sites

Proper Planning Aids Shovel-Ready Site Development

American Rescue Plan Act (ARPA) funds related to certified sites must be used by the end of 2024.
Trenton New Jersey

New Jersey Sees ‘Historic Economic Progress’

Governor Phil Murphy says the Garden State’s workforce and location provide tremendous value to businesses.
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.
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: Welcome to Columbus, Indiana

Columbus, Edinburgh and Bartholomew County, Indiana are consistently ranked among the Top Ten locations in the United States. With one of the highest concentrations of engineering talent in the nation, manufacturing employment that ranks in the Top 2% of the U.S., I-65 access, and nationally recognized community living, now is the right time to consider the unexpected opportunities this unforgettable community has to offer.