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.



Eastern Fence North Carolina

Fence Maker, Logistics Company To Invest $26.5M In North Carolina

Port City Logistics will invest $16 million in New Hanover County, NC; Eastern Fence will spend $10.5 million in Rowan County.
Nebraska LB 1024e

Growing In Nebraska

Revitalization funding boosts job training, small business growth, and affordable housing in Nebraska, and data mining finds a home in York County.
Unilock Virginia

Unilock To Invest Over $55M In Advanced Manufacturing Campus

Hardscape manufacturer Unilock will establish new production facilities in Virginia to meet increased demand in the Mid-Atlantic and Southeast markets.
OMS Fayette Alabama

O’Neal Manufacturing Services To Invest $5.5M In Northwest Alabama

Carbon steel and aluminum parts maker OMS will create 70 jobs in Fayette, while Kratos Defense & Security Solutions Inc. will add 76 jobs In Birmingham.
Ultium Cells LLC

DOE Offers $2.5B Loan To Build EV Battery Cell Manufacturing Plants

To be built by Ultium Cells LLC in Ohio, Tennessee, Michigan, the three new lithium-ion (Li-ion) battery cell manufacturing facilities are expected to create 5,100 jobs at full capacity.
Louisiana Customized Workforce Training

Louisiana Leads States In Customized Workforce Training

In Business Facilities’ 18th Annual Rankings Report, Tennessee is rated tops in Recovery Leaders and Wyoming takes Best Business Tax Climate.
Purdue University, SkyWater

SkyWater To Build $1.8B Semiconductor Plant At Purdue University

In a public-private partnership with Indiana and Purdue University, SkyWater Technology will pursue CHIPS Act funding to build a $1.8B semiconductor plant in West Lafayette.
Altex Tube Columbus Mississippi

Altex Tube LLC Will Invest Nearly $110M In Mississippi

New Altex Tube manufacturing operations will create more than 58 jobs in the in Golden Triangle Industrial Park in Columbus, MS.
Umicore Ontario

Umicore To Build $1B+ EV Battery Materials Plant In Eastern Ontario

Umicore's industrial scale battery materials manufacturing plant in Loyalist Township, Ontario will be the first of its kind in North America.
Delaware

Delaware: Small But Mighty

Delaware may BE smaller than most U.S. states but what it lacks in size, it makes up in its many strengths.
Panasonic Energy Kansas

Panasonic Energy Picks Kansas For $4B EV Battery Megaproject

New Panasonic Energy electric vehicle (EV) battery facility will create up to 4,000 jobs in the Kansas City Region, and is the largest economic development project in state history.
Research Triangle Region

The Research Triangle Region: Your Site’s New Home

The Research Triangle Region offers access to a diverse talent pool, a desirable standard of living, connections to major metro areas, plus a lower cost of doing business.

Virginia Awards Workforce, Entrepreneurial, Site Development Grants

Growth and Opportunity for Virginia (GO Virginia) grants totaling over $10 million will support regional economic growth through localities, public entities and private businesses.
isconsin Economic Development Corporation

Why… Wisconsin?

Leading the way to assist new and expanding firms, The Wisconsin Economic Development Corporation (WEDC) shares a look at the latest developments for business...
Jubilant HollisterStier

Jubilant HollisterStier To Invest $76M In Canadian Manufacturing Plant

Pharmaceutical maker Jubilant HollisterStier will also invest $193 million in an expansion of its East Spokane, WA plant.
Volvo Slovakia

Volvo To Build $1.25B Electric Vehicle Plant In Slovakia

Volvo's third European plant will be located in Kosice. The company will receive about 20% of the investment needed for the project as support from the Slovak government.
Sustainability Industry

Strategic Sustainability

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

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

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

A steady stream of new and expanding business keeps Arkansas moving, backed by the Natural State's great quality of life.
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
Texas 2023 State of the Year

2023 State Of The Year: Opportunity Awaits In Texas

A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Location Spotlight: City of Fontana – Open for Business

From agriculture to steel, from healthcare to transportation, Fontana is an economic powerhouse. Due to its geographic location, Fontana has become a vital hub for the supply chain linking suppliers to businesses to consumers throughout the world.