Taxes & Incentives

The medical device startup will locate its new headquarters in Jeffersonville, IN with support from the state’s venture development partner.

Steyr Arms will add a manufacturing component to its Bessemer, AL firearms assembly and distribution operations.

Matt Hurlbutt, executive vice president and chief operating officer, Greater Rochester Enterprise, discusses the Economic Gardening program, local talent, food processing, photonics, higher education and the importance of water.

The CCTC committee has approved $62.8 million in tax credits for 87 companies expanding and creating jobs in California.

Fukai Toyotetsu Indiana Corporation will double its footprint in Jamestown, IN, creating up to 103 new jobs by 2020.

Knowledge Services, a woman-owned business, will create up to 400 jobs in Fishers, IN by 2021.

The Invent and Manufacture in America Act provides a tax cut for companies that conduct R&D in the U.S., and manufacture products resulting from that R&D in America.

A slow start and a dearth of mergers and acquisitions made 2016 a tough year for biotech, but new gene and immuno-therapies are leading the way for a much stronger performance when 2017 results are in.

The Arkansas-based company will lease a 90,000-square-foot facility in Windsor, CT, where it will create approximately 361 new jobs over the next four years.

The Austrian automotive plastics manufacturer is building a new plant in Taylorsville, NC.

The May / June 2017 issue features our annual tour of the locations that are leaders in logistics and distribution, ports and FTZs, LiveXchange 2017, biotech, tourism, and certified sites. Plus, what’s going on in Maryland, Louisiana, Nevada and Tennessee.

The logistics and distribution industry is poised for a great leap forward as new technology digitally transforms the supply chain from end to end.

Less than halfway through 2017, the state has attracted nearly $5.8 billion in corporate investments and is also on pace to create most new jobs since 2006.

The global manufacturer will expand its operations in Springfield, MO, where it makes industrial adhesives and tapes for the aerospace industry and other heavy industrial customers.

The pharmaceutical company will invest $35 million to expand its Fairfax County, VA R&D and manufacturing operation.

The engineering, technology-based manufacturer of innovative lighting solutions will expand its workforce by more than 100 employees.

California-based EasyDial is investing more than $21 million to build a new production facility in Chesterton, IN, creating up to 96 new jobs.

The $2.3 million expansion is getting support from the Michigan Strategic Fund and Ann Arbor SPARK.

Web Industries will invest $8M to expand its operations in Allen County, IN creating up to 45 new jobs by 2019.

The HVAC equipment maker will move the operation to its Rosenberg, TX headquarters, investing $6M and creating 150 jobs.

The Advancing the Development of Minority Entrepreneurship program will mentor start-ups in Peoria, Rockford and Chicago.

Litehouse Inc. will invest $40 million in its manufacturing operations in Hurricane, creating up to 165 jobs. Electronic Power Systems will invest $11.6 million and add up to 128 jobs in Cache County.

The Netherlands-based agribusiness has selected New Castle, IN for its new 164,000-square-foot manufacturing plant and warehouse.

Gov. Rick Scott's plan to hugely expand spending on state economic development programs ends up getting them cut to the bone.

The China-based textile manufacturer will invest $410M, create up to 800 jobs in Forrest City, AR.

With support from the state, the sausage company will add 100 news jobs at its Sheboygan Falls location.

A $10-million project that is planned as the nation’s first “integrated” wind-solar hybrid power project is rising in Red Lake Falls, MN.

As the IEDC's second annual celebratory week for Economic Development begins today, here are some tips about how your location can participate.

The aluminum parts manufacturer will invest more than $51.3 million in Bowling Green, KY.

The structural storage racking system manufacturer will invest $17.4 million, create 120 new jobs in Dyersburg, TN.

The military component manufacturer will invest $8.4 million to expand its operations in Aiken, SC.

The company will invest more than $5.2 million in Fort Worth, TX to expand its supply management, logistics, and transportation management operations.

Learn about the benefits, costs and risks of facility consolidation, particularly personnel loss and related business disruption, and including addressing tricky political issues.

Learn about best practices for calculating the value of incentives, including property tax abatements, sales tax refunds, cash grants and tax increment financing.