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.

Sevier County, Utah

Discover Sevier County, Utah

With a strategic location, two business parks, and a can-do attitude, Sevier County, Utah is ready for business.
Louisiana economy

Louisiana State Focus: The Bayou State

Known for its spicy cuisine and spirited celebrations, Louisiana is drawing world-class businesses from a range of industry sectors.
NASL

NASL, Lutron Electronics Pick Virginia For Manufacturing Projects

North American Specialty Laminations LLC (NASL) will establish a production facility in Roanoke County, Lutron Electronics will create 200 jobs in Hanover County.
T/CCI Illinois

T/CCI Manufacturing Awarded First REV Illinois Award 

The Central Illinois EV Supplier will invest over $20 million to manufacture electric compressors and establish an EV innovation hub in Decatur.
Ohio jobs

Ohio: Capturing Attention, And Investments

In 2022, megaprojects from the semiconductor and automotive industries are boosting the Buckeye State.
indoor vertical farming

World’s Largest Indoor Vertical Farming Campus Picks Virginia

Over six years, Plenty Unlimited will invest $300 million to build the world’s largest indoor vertical farming campus in Chesterfield County, creating more than 300 jobs.
opportunity zones

Qualified Opportunity Zones And Proposed Legislative Changes

Here are five potential impacts of the Opportunity Zones Improvement, Transparency, and Extension Act, proposed in April 2022.
Silicon Carbide production

North Carolina Lands World’s Largest Silicon Carbide Materials Facility

Over the next eight years, Wolfspeed expects to create approximately 1,800 jobs at its new Silicon Carbide Materials manufacturing facility in Chatham County, NC.
Hemlock Semiconductor Operations (HSC) Michigan

Michigan Infrastructure Project Supports Semiconductor Growth

The Thomas Township infrastructure project will enable Hemlock Semiconductor Operations (HSC) to invest up to $375 million and create 170 jobs.  

Manufacturing Companies Invest Over $605M In Tennessee

TN Composites will invest $23 million in its Dickson County expansion, Piedmont Lithium will establish a $582 million lithium hydroxide processing, refining and manufacturing facility in McMinn County.

Two Building Materials Manufacturers Expanding In Georgia

GAF Materials will invest $146 million in Lowndes County, while YKK AP will invest up to $125 million in its Bibb County expansion.
iDEAL Semiconductor

Semiconductor Startup Expands In Pennsylvania

iDEAL Semiconductor will add 63 jobs and invest $3.4 million in an expansion project in Pennsylvania's Lehigh Valley.
Fintech Locations

Forward-Looking Financial Locations

As FinTech activity continues to grow, financial services firms are finding locations with ecosystems to support their burgeoning business needs.
Nucor Steel Berkeley, SC

Nucor Will Invest $200M In South Carolina

Nucor will expand its Berkeley County, SC steel manufacturing facility. In Marion County, auto body parts supplier DMA Sales will invest $5M to expand its operations.
healthcare industry locations

Looking To A Healthy Future

Significant population shifts, the pandemic, and Industry innovations are shaping the site decisions healthcare and medical device companies are making.
Opportunity Zones

Opportunity Zones: Revitalizing Communities

Still in its infancy, the U.S. Qualified Opportunity Zone Program shows promise to revitalize both large and small communities.

Investing In Opportunity Zones

As part of the 2017 Tax Cuts and Jobs Act, Qualified Opportunity Zones across the U.S. provide a vehicle to reinvest capital gains for near- and long-term tax benefits.
Florida Business

The Sunshine State Is Bright For Business

Florida offers a thriving economy and competitive cost of doing business­­, coupled with a top-ranked labor force and pro-business climate.
Bluegrass Bottling Lancaster

Kentucky Welcomes Nearly 360 New Jobs This Week

Bluegrass Bottling will create 27 jobs in Lancaster, Summit Packaging Solutions is bringing 254 jobs to Boone County, and Atlas Machine and Supply’s new Hardinsburg HQ will result in 78 jobs.
Georgia-Pacific South Carolina

Pet Supplies Plus, Georgia-Pacific Invest $93M In South Carolina

Pet Supplies Plus will create a new distribution center in Orangeburg County, Georgia-Pacific will expand its manufacturing facility in Clarendon County.

Rankings & Awards

2022 Global Rankings

18th Annual Rankings: 2022 Global Rankings Report

The U.S. and China earned the top two spots for Foreign Direct Investment (Worldwide) in Business Facilities’ 2022 Global Rankings Report.
2022 Metro Rankings

Business Facilities’ 2022 Metro Rankings Report

Metro areas and cities of all sizes are recognized for attracting and retaining businesses from numerous industry sectors in Business Facilities' 2022 Metro Rankings Report.

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