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.

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.

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.

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. 

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. 

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.  

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 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 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.

$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.

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.

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 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 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 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 Is Built For Film And TV Production

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

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. 

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 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.

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.

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.

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.

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.

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.

Rankings & Awards

2021 Deals of the Year

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

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

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

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