Taxes & Incentives | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

STACK INFRASTRUCTURE will be the first company to make use of Illinois’ new sales tax exemption on equipment purchases at its Chicago data center campus.


https://businessfacilities.com/2019/12/data-center-company-first-to-qualify-for-new-illinois-tax-incentive/
STACK INFRASTRUCTURE will be the first company to make use of Illinois’ new sales tax exemption on equipment purchases at its Chicago data center campus.

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Taxes & Incentives

Latest: Data Center Company First To Qualify For New Illinois Tax Incentive - STACK INFRASTRUCTURE will be the first company to make use of Illinois’ new sales tax exemption on equipment purchases at its Chicago data center campus.

Data Center Company First To Qualify For New Illinois Tax Incentive

STACK INFRASTRUCTURE will be the first company to make use of Illinois’ new sales tax exemption on equipment purchases at its Chicago data center campus.

AIRSYS Cooling Technologies Investing $5M In South Carolina

The global information, communication and technology (ICT) cooling solution provider will establish manufacturing operations in Greer, SC, creating 116 new jobs.

Pawtucket, RI Launches $400M Economic Development Project

The project will transform Pawtucket’s riverfront with extensive development, including a new United Soccer League (USL) Championship soccer team and stadium.

Solomon Group Creating 86 Jobs With Louisiana Expansion

The New Orleans event and exhibits company will tap into the state’s Entertainment Job Creation Program.

D3 Engineering Expanding Operations In Upstate New York

The embedded product development company is expanding operations and will create up to 50 new jobs at a new location in Monroe County, NY.

PerceptIn Relocating Global HQ To Indiana

PerceptIn will conduct R&D for its autonomous low-speed electric vehicles (LSEVs) and create up to 160 new, high-wage jobs at the Indiana IoT Lab – Fishers by 2022.

Israeli Aerospace, Aviation Manufacturer Expanding In Virginia

Israel Aerospace Industries Ltd. will invest in new headquarters operation and create more than 50 new jobs in Fairfax County, VA.

Tennessee’s Property Evaluation Program Gets Bigger

Fifty counties in the Volunteer State have participated in the Select Tennessee Property Evaluation Program since its inception in 2015.

TST Fabrications Investing $4.1M To Expand In Virginia

The specialty construction services company will create 34 new manufacturing jobs in the City of Norfolk, VA.

Permian Basin Is Booming In Southeast New Mexico

Logistics are being upgraded to support expanding oil and gas production, including a larger regional airport in Lea County now offering non-stop flights to Denver.

Testronic Digital Media Project Creating 150 Jobs In Louisiana

U.K.-based Testronic will launch a new 150-job testing facility for digital games at Louisiana's New Orleans Exchange Centre.

Axiom Group Inc. Bringing 250 Jobs To Ohio

The Canadian automotive supplier will invest $20 million to establish a new manufacturing facility in Toledo, OH, its first U.S. facility.

Hoosiers Are Poised For Hardwoods Industry Growth

The new Indiana Hardwood Strategy is aimed at attracting hardwood processing facilities to the Hoosier State and expanding existing mills.

Koch Foods Investing $50M In New Alabama Feed-mill

The company will new establish a state-of-the-art grain storage and distribution facility in Attalla, AL.

Mississippi: Business Is Blossoming In The Magnolia State

Mississippi has reduced the amount of capital investment and the minimum number of jobs required to receive aerospace and data center incentives.

Growing New Orleans Biotech Companies To Create Over 275 Jobs

The expansions by three biotech firms will create 135 new direct jobs at the University of New Orleans and the New Orleans BioInnovation Center.

DIRTT Environmental Solutions Investing $18.5M In South Carolina

The interior construction company will create more than 100 new jobs at Legacy East Business Park in Rock Hill, SC.

Life Sciences: A Data-Driven Diagnosis For Success

Digital transformation is driving innovation in the life sciences sector, making transparency a top priority and heralding an era of “relationship-driven partnerships among all of the sector’s stakeholders.

Building A Better Maryland

A Better Maryland is a new development plan that provides resources and tools for the Free State's long-term economic success.

BrightFarms Investing $21M In North Carolina

The packaged salads company will create 54 jobs at a hydroponic greenhouse in Etowah, NC.

GlaxoSmithKline To Create 150 New Jobs In Virginia

The global healthcare company will invest $16.7 million investment to expand its research and development operation in Richmond, VA.

SSI Foods Investing $42M In Texas

The food processing company will build a 75,000-square-foot facility in Amarillo which will employ up to 150 full-time employees.

Illinois: A Talent Pool With World-Class Skills

The Land of Lincoln offers a highly educated workforce and a logistics network that is hard to match.

Microsoft Investing $31M In Texas Regional Hub Expansion

Microsoft will create 575 new jobs at its Irving, TX operations with help from a nearly $5 million Texas Enterprise Fund (TEF) grant.

EPA Grants 26 Organizations $5.1M In Environmental Job Training Grants

The environmental workforce and job training grants will help transform economically disadvantaged communities across the U.S. 

McCall Farms Investing $50M In South Carolina Expansion

The producer of fresh canned vegetables and fruit will create 140 new jobs at its Florence County, SC operations.

Starting Up Is Big In Texas

No stranger to the top, the Lone Star State takes another number one from the other 49 in a new WalletHub report that ranks where to start a business.

Spartan Motors Creating 308 Jobs In South Carolina

The specialty vehicle manufacturer will invest $1.15 million to launch operations in Charleston County, SC.

Industry 4.0: Making Connections In Michigan

Michigan is investing in a connected, smart manufacturing future, heralding a new age of automotive design and autonomous vehicles

LifeNet Health Investing $18M In Indiana Biologics Facility

The Virginia-based regenerative medicine company will create up to 127 new jobs in Hendricks County, IN by the end of 2023.

Editor’s Picks: Business, Industry And Tech Parks

Business, industrial and technology parks increasingly are providing all of the amenities needed to attract and keep a skilled workforce, a top priority for 21st-century growth sectors.

New Report Ranks Cities By Ease Of Doing Business

The inaugural Doing Business North America report measures business regulations across 115 cities in Canada, the United States and Mexico.

Gordon Food Service Creating Over 400 New Jobs In Indiana

The food service distributor will expand in Indiana with a new 500,000-square-foot warehouse facility at the NorthPoint Industrial Park in Westfield.

Mississippi: Making The World Take Notice

With a world-class logistics network and a highly skilled workforce setting new standards for success in advanced manufacturing, Mississippi is aiming for the top.

Opportunity Zones: Window Of Opportunity

The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S.

Understanding Opportunity Zone Guidelines

Just as with any planning technique, comparison of the potential benefits of Qualified Opportunity Zones to other tax deferral or elimination strategies remains crucial.

September / October 2019 Issue (Volume 52, Number 5)

The September/October 2019 Issue features the booming logistics and transportation industry. Plus, a look at Qualified Opportunity Zones and Business/Industry/Tech Parks.

Creative Works Adding 70 Jobs In Indiana

The homegrown prop maker for the entertainment industry will invest more than $1 million to expand its operations in Morgan County, IN.

Continental Structural Plastics Investing $65M In Texas

The company will establish a new composites manufacturing facility in Seguin, TX, creating 200 new jobs.

Cree, NY State Form $1B Partnership To Create World’s Largest Silicon Carbide Device Facility

More than 600 Cree jobs will be created at the Marcy Nanocenter on SUNY Poly Campus in collaboration with the New York Power Electronics Manufacturing Consortium.

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