07/1/2022

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.

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    Sustainability Industry

    Strategic Sustainability

    Industry Focus
    Among the growing green markets across the U.S. and Canada, recycling operations, electric vehicles, and supporting technology are making inroads.
    GlobiTech Sherman, Texas

    GlobiTech Semiconductor Expansion To Create 1,500 Jobs In North Texas

    Advanced Manufacturing
    To support the $5 billion project, GlobiTech has been offered a $15 million Texas Enterprise Fund (TEF) grant and other local incentives.
    Versogen Delaware

    Versogen Sticks With Delaware For $4.8 M Expansion

    Energy
    Over the next three years, green energy startup Versogen will create 49 new jobs at the FMC Stine Research Center in Newark, Delaware.
    Arkansas

    Arkansas: Closing The Deal

    Arkansas
    A steady stream of new and expanding business keeps Arkansas moving, backed by the Natural State's great quality of life.
    West Virginia economic development

    Why…West Virginia?

    West Virginia
    Mitch Carmichael, secretary of West Virginia’s Department of Economic Development, has many reasons why businesses should consider The Mountain State. Here are some of the state’s many business-related activities and advantages.
    Camp Hall, Santee Cooper, SC

    Camp Hall: Business Benefits Of This Next-Generation Commerce Park

    Economic Development
    Discover the abundant business benefits of this next-generation commerce park, Camp Hall, which offers advantages for your business.
    LEGO Virginia

    The LEGO Group Picks Virginia For $1B Manufacturing Plant

    Manufacturing
    The beloved building toy maker will create more than 1,760 new jobs with its new manufacturing facility in Chesterfield County, VA.  
    Ferrero North America Illinois

    Ferrero Adding 200 Jobs In Illinois With First-Ever U.S. Kinder Bueno Plant

    Food Processing
    The more than $214 million, 169,000-square-foot addition at the Bloomington, IL plant will produce Kinder Bueno products for the North American market.
    Resia Bay County Florida

    Resia Establishing A New Manufacturing Operation In Florida

    Advanced Manufacturing
    Multifamily community real estate developer Resia will invest more than $40 million and create 200 jobs at a new factory in Bay County, FL.
    Workforce Development

    Workforce Development To Get The Job Done

    Workforce Development
    Access to a quality workforce is a top priority for companies considering where to relocate or expand. Here’s a look at what some top locations across the U.S. are doing to address today’s workforce.
    Diversity equity and inclusion

    Building An Equity-Driven Workforce

    Workforce Development
    Diversity, equity, and inclusion initiatives level the playing field for workforce growth and economic gains.
    Hillyard Missouri

    Hillyard To Invest Over $50M In Missouri Expansion

    Logistics & Distribution
    Cleaning and hygiene solutions company Hillyard, Inc. will invest over $50 million, retain more than 200 jobs at its downtown St. Joseph, MO location.
    Utz North Carolina

    Food Companies To Bring 138 New Jobs To North Carolina

    Food Processing
    In North Carolina, Utz Brands will create 115 new jobs in Kings Mountain, while D’Artagnan will create 23 new jobs in Granville County.
    Ford Midwest Expansion

    Ford To Create 6,200 New Jobs In Michigan, Ohio, Missouri

    Automotive
    Ford's $3.7B Midwest investment across Michigan, Ohio and Missouri will support production of 2 million EVs a year by end of 2026, strengthen portfolio of gas-powered vehicles.
    PIP International Canada

    Slate Asset Management To Develop 800 Acres In Hamilton, Ontario

    Canada
    Slate Asset Management will redevelop a Hamilton, Ontario site into a world-class industrial park with a focus on job creation, economic growth, and environmental sustainability.
    Virginia business expansions

    Virginia Expansions To Create Total $34M Investment

    Virginia
    In Virginia, a Germany-based automation solutions manufacturer is expanding in Newport News, while a peanut processor grows in Suffolk.
    West Bend, WI

    Milwaukee Tool Will Create 1,000 More Jobs Across Wisconsin

    Wisconsin
    Milwaukee Tool will invest $206 million in nine locations; Wisconsin will support the company's expansion with up to $22.5 million in additional performance-based tax credits.
    Caterpillar Schertz, TX

    Caterpillar To Expand Texas Manufacturing Facility

    Manufacturing
    Machinery and engine manufacturer Caterpillar will invest $24 million in new equipment and add 24 new jobs at its City of Schertz, TX facility.
    Agilent Technologies Delaware

    Agilent Technologies Will Invest $7M In Delaware Modernization, Expansion

    Research & Development
    Life sciences company Agilent Technologies’ investment in Delaware will transform its Little Falls site into a world-class R&D lab.
    Guardian Bikes Indiana

    Guardian Bikes Building An Automated Bike Factory In Indiana

    Manufacturing
    In its first step toward transitioning to U.S. production, kids' bike manufacturer Guardian Bikes is moving production from China to Seymour, IN.
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    Rankings & Awards

    March / April 2022 Issue

    March / April 2022 Issue (Volume 55, Number 2)

    Recent Issues
    Business Facilities' March / April 2022 issue focuses on the global supply chain, logistics, foreign direct investment, industrial parks, manufacturing, life sciences, and more.
    Virginia Business Climate Award

    Virginia’s El Koubi Accepts 2021 State of the Year—Best Overall Business Climate Award

    Press Releases
    Business Facilities magazine recognized the Commonwealth of Virginia for its commitment to building a strong business environment in 2021.

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    Business Facilities Featured Location Spotlight

    Site Selection

    Location Spotlight: Topeka, Kansas

    With three top universities in the area and connectivity via major interstates, Topeka, Kansas is rich with opportunity. Visit the GO Topeka Economic Partnership to learn more.

    Business Facilities Featured Location Videos

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    Pennsylvania

    [VIDEO] Made Possible in Lehigh Valley

    The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.

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