Taxes & Incentives Archives - Business Facilities Magazine

GM project will create 4,000 and retain 1,000 jobs, and includes converting GM Orion Township assembly plant to build full-size EV pickups; building Ultium’s 3rd US battery cell plant in Lansing.


https://businessfacilities.com/2022/01/historic-general-motors-investment-electric-vehicle-future-michigan/
GM project will create 4,000 and retain 1,000 jobs, and includes converting GM Orion Township assembly plant to build full-size EV pickups; building Ultium’s 3rd US battery cell plant in Lansing.
01/27/2022

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.

    General Motors Expansion Michigan Gov. Whitmer
    Automotive

    Historic $7B General Motors Investment To Create EV Future In Michigan 

    GM project will create 4,000 and retain 1,000 jobs, and includes converting GM Orion Township assembly plant to build full-size EV pickups; building Ultium’s 3rd US battery cell plant in Lansing.
    Lockport Components
    Automotive

    General Motors Will Invest $154M In New York Electric Motor Facility Upgrade

    GM will renovate its Western New York Lockport Components plant, where it will manufacture electric motor components for electric trucks and SUVs. 
    Lehigh County, Pennsylvania
    Manufacturing

    Spot & Tango Bringing 100 Manufacturing Jobs To Pennsylvania

    Pet health and wellness company Spot & Tango will open its first manufacturing facility in Lehigh County, PA this summer. 
    Intel Semiconductor Ohio
    Advanced Manufacturing

    Ohio Lands $20B Intel Investment, Most Advanced Semiconductor Plants

    With its two new advanced semiconductor manufacturing facilities, Intel will bring 3,000 jobs to Licking County, OH by by 2025.  
    ACT, Shreveport, LA
    Office, IT & Call Centers

    New ACT Customer Care Center Will Create 600 Jobs In Louisiana

    Advanced Call Center Technologies will invest $1.5 million to develop the customer care center in Shreveport, LA.
    3M Company
    Manufacturing

    3M Company Investing $470M In East Tennessee Expansion

    Fortune 100 company 3M will add nearly 600 new jobs at its manufacturing operations in Clinton, TN by 2025.
    Chief Buildings, Lancaster County, SC
    Manufacturing

    Chief Buildings Bringing Over 100 Jobs To South Carolina

    Metal building system maker Chief Buildings will invest $22 million to establish a manufacturing operation in the Charlotte, NC region.
    Celadon Development Corporation, Chesapeake, VA
    Manufacturing

    $267M Joint Venture Will Create 210 New Jobs In Virginia

    The new paperboard recycling and production facility, Celadon Development Corporation, will be located at the Chesapeake Deepwater Terminal site in the City of Chesapeake, VA.
    HWI Alabama One AL1
    Advanced Manufacturing

    HarbisonWalker International Investing $25M To Create Alabama One

    HWI will convert its closed Fairfield, AL plant into an advanced refractories manufacturing hub for southern U.S. steelmakers.
    Orem, UT
    Corporate Headquarters

    LiveView Technologies To Invest Over $328M In Utah Expansion

    The cloud-based software company will bring up to 3,400 new high-paying jobs to its Orem, UT headquarters in 10 years.
    Exact Sciences Madison, WI
    Biotech & Pharma

    Exact Sciences Commits $350M To Wisconsin Expansion

    Cancer screening and diagnostics company Exact Sciences will create 1,300 jobs at its new Madison, WI facilities.
    New Jersey Commission on Science, Innovation and Technology (CSIT)
    Research & Development

    New Jersey CSIT Awards Startups More Than $1M

    New Jersey Commission on Science, Innovation and Technology (CSIT) awarded funding to 37 early-stage companies as part of its small business research and technology transfer programs.
    Iron Ox, Lockhart, TX
    Agribusiness

    Iron Ox Growing In Texas

    Iron Ox will invest $120 million in its new one million-square-foot facility, to be built in the City of Lockhart, TX.
    Louisiana film production
    Industry Focus

    Louisiana Is Built For Film And TV Production

    Louisiana’s many advantages­ — including incentives, facilities and skilled crews — attract major productions.
    Marshall County, Kentucky
    Kentucky

    Kentucky Experiences Record Year For Economic Growth

    New and existing Kentucky companies announced the creation 18,000 full-time jobs, $11.2 billion in investment in 2021. 
    Wake County, NC
    Biotech & Pharma

    Science 37 To Relocate HQ To Research Triangle Region

    The clinical research company will create 250 jobs and invest $1.5 million at its new Wake County, NC corporate headquarters.
    Retailers
    Retail

    Retailers Embrace Five Shopper-First Trends In 2022

    To meet customer expectations in the year ahead, retailers must evolve as platforms, reimagine store experiences, monetize data, transform as financial companies, and optimize returns.
    automotive industry
    Feature Story

    The Automotive Industry: The Road To Everywhere

    While we are still deep in the drive toward technical and autonomous, what’s old is new and what’s mine is yours when it comes to next year’s auto trends.
    Port of Caddo-Bossier, Ternium
    Manufacturing

    Ternium USA Investing $98M In Louisiana Expansion

    A second coil coating paint line will be added at Ternium's Port of Caddo-Bossier facility, resulting in a total of 133 new jobs.
    Richmond, VA
    Virginia

    CoStar Group To Create 2,000 Jobs At New Virginia Corporate Campus

    The $460 million Richmond, VA expansion will include software development, R&D capabilities, sales, marketing, and support functions.
    Rivian Inc., Georgia
    Automotive

    Electric Adventure Vehicle Project Is Largest In Georgia History

    Rivian will invest $5 billion, create 7,500 jobs at a nearly 2,000-acre carbon-conscious campus dubbed the East Atlanta Megasite.
    Westinghouse, Richland County, SC
    South Carolina

    Expansions To Bring Over $200M In Investments To South Carolina

    Westinghouse will invest $131M to expand its Richland County nuclear fuel operations; Proterra is investing $76M in a new Spartanburg County EV battery system manufacturing facility.
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    Rankings & Awards

    2021 Deals of the Year

    Ford, Samsung Electronics, KORE Power Named 2021 Deals Of The Year

    Press Releases
    The three winners were selected from a record-setting number of entries submitted for Business Facilities’ 2021 Deals of the Year awards.
    2021 States of the Year

    BF Names Virginia, Tennessee, Massachusetts 2021 States Of The Year Award Winners

    Awards & Rankings
    The two commonwealths and one state were chosen for excellence in Business Climate, Dealmaking or Workforce/Educational System.

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