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

New report shows the need for regulatory model that supports investments that share cost savings, rewards utilities for innovation, and helps create affordable energy.


https://businessfacilities.com/2013/10/increased-expectations-utilities-arrive-time-declining-electricity-sales/
New report shows the need for regulatory model that supports investments that share cost savings, rewards utilities for innovation, and helps create affordable energy.

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Taxes & Incentives

Latest: Increased Expectations For Utilities Despite Declining Electricity Sales - New report shows the need for regulatory model that supports investments that share cost savings, rewards utilities for innovation, and helps create affordable energy.

Increased Expectations For Utilities Despite Declining Electricity Sales

New report shows the need for regulatory model that supports investments that share cost savings, rewards utilities for innovation, and helps create affordable energy.

Moderna Therapeutics Expands In New HQ And Lab In Cambridge, MA

The new site will be the center of Moderna's R&D and provide a significant increase in laboratory space.

SNAPSHOTS: 60 Seconds…with Stephen Moret, Secretary, Louisiana Economic Development

Louisiana's Stephen Moret talks to BF editors about LED FastStart and Detroit climbs back into the game. From the July/August 2013 issue.

Travelers Companies, Inc. Announces Data Center In Sarpy County, NE

Travelers qualifies for Nebraska’s newest Tier 2 Large Data Center incentive where it must minimally invest $200 million and create at least 30 new full-time jobs.

BUSINESS REPORT: Virginia – HDL Expands Offices, Labs At VA BioTechnology Research Park

The diagnostic leader will occupy nearly five football fields of space in its expanded research and office complex in the heart of downtown Richmond. From the July/August 2013 issue.

Patriot Porcelain LLC Chooses Howard County, IN For Plant

The new facility, which is expected to be fully operational by June 2014, will allow the company to relocate its overseas lavatory and toilet manufacturing to its Kokomo operations.

BUSINESS REPORT: Mississippi Looks To Energy Sector To Fuel Statewide Growth

Energy production is one of the largest economic engines in Mississippi, providing 28,000 jobs in a thriving sector that continues to attract new investments. From the July/August 2013 issue.

Ohio Program Creates Model Initiative For Economic Growth, Jobs

State of Ohio and NineSigma have created a model for statewide innovation to give the state a competitive edge.

BUSINESS REPORT: Illinois – Strong Demand Lifts Industrial Parks In Wheeling, IL

The economic outlook is positive as operations and employment continue to expand, and new industrial construction inquiries are streaming into Wheeling. From the July/August 2013 issue.

IBM Breaks Ground On New Technology Center In Baton Rouge, LA

IBM Services Center: Baton Rouge, already operating at a temporary site, represents Louisiana’s largest software development project to date, with innovative public-private partnerships in higher education and urban development.

Custom Foods To Expand Operations In Owingsville, KY, Create 200 Jobs

To encourage the investment and job growth in Owingsville, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $3 million through the Kentucky Business Investment program.

BUSINESS REPORT: Missouri – Ford Invests $1.1 Billion In Kansas City Truck Plant Expansion

Ford’s F-Series assembly line is adding more than 2,000 jobs to support high demand for F-150 trucks and new transit vans. From the July/August 2013 issue.

Shell Selects Ascension Parish, LA For Potential GTL Facility

Proposed Gulf Coast GTL project, subject to final approval by Shell, would result in 740 new direct jobs; Louisiana Hwy. 70 proposed expansion to accommodate potential project.

Louisville, KY Getting More eBay

eBay Enterprise, an eBay Inc. company, plans to expand operations in Louisville, creating more than 150 new, full-time jobs and investing up to $45 million in the Commonwealth.

Ed McCallum, 1953 – 2013

Business Facilities mourns the loss of a widely respected consultant, colleague and friend, a perennial speaker at our LiveXchange event.

Consumers Energy Offering New Policies To Encourage Economic Development In Michigan

An estimated 600 Michigan businesses each year will see the benefits of Consumers Energy's new, innovative approach.

Benteler Steel/Tube Break Ground At Port Of Caddo-Bossler In Louisiana

European company’s first U.S. steel facility will result in more than 2,200 direct and indirect jobs in Northwest Louisiana.

Kansas Creative Arts Industries Commission Announces Grant Recipients

The nine grantees were selected by the CAIC through an application and review process. The selection process included a review by an independent panel consisting of arts and economic development professionals.

Daisy Brand Plans New Production Facility in Wayne County/City Of Wooster

With this decision, Daisy Brand joins a vibrant, global community of distinguished food production companies operating in Wayne County including J.M. Smucker, Smith Dairy, Frito Lay, Purina and Mars.

Angel’s Envy Distillery Breaks Ground In Louisville, KY

Angel’s Share brands to invest $12 million in the Commonwealth; will welcome 40 new jobs.

BUSINESS REPORT: Alabama – Donghee America Plans $48-Million Fuel Tank Plant In Auburn

Alabama’s automotive manufacturing sector is hitting on all cylinders, as OEM assembly plants and the supplier network that supports them continue to expand. From the July/August 2013 issue.

Dow Creating Nearly 100 Jobs, Investing Nearly $2.5 Billion In Brazoria County, TX

This TEF investment will support the company's new manufacturing facilities aligned to Dow's performance plastics franchise, which will produce a range of polyolefins and elastomer products using ethylene produced at the company's new ethylene unit in Texas.

Cool Planet Energy Systems Announces $168 Million Investment In Louisiana Bio-Refineries

New venture will convert wood waste to gasoline and create nearly 500 new direct and indirect jobs in Alexandria and Natchitoches

Dr. Schneider To Create 155 Jobs At New Manufacturing Operation In Russell Springs, KY

German automotive supplier to invest more than $29 million in Kentucky; Russell Springs beat 69 other potential locations to win new plant.

AAR Announces 500 New Jobs In Lake Charles, LA

State will establish Aircraft MRO Center of Excellence for aviation training at SOWELA Technical Community College.

Vera Bradley Unveils Major Northeast Indiana Growth Plans

The homegrown-Indiana company will invest approximately $26.6 million to expand and equip its current design center and expand its distribution center. Both facilities are expected to be operational next year.

Miller Industries To Expand Tennessee Operations

Towing equipment manufacturer to invest $1.8 million in Green County; will create 58 new jobs.

SPECIAL REPORT: Site Location Factors For Automotive Suppliers

Significant site location opportunities exist for OEM, supplier expansions and new facilities in the Central and Southern U.S. that can realize operational and financial goals. From the May/June 2013 issue.

Jewelry Producer Opens New Plant in Floyd County, IN

The jewelry designer operates two Indiana locations and has already begun filling new management and production positions in New Albany.

Honeywell Announces $208 Million In Louisiana Projects

In Shreveport, Baton Rouge and Geismar, Honeywell will retain 698 jobs and potentially invest as much as $1.2 billion in projects resulting in 190 new direct and indirect jobs.

Corporate Confidence In Auto Industry On The Rebound

Positive sentiment for global economic growth at highest level in two years.

FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

Many site selectors are surprised to learn the country is an economic leader in Asia and a top-shelf business destination. From the May/June 2013 issue.

Mining Supplies Manufacturer Locating First Indiana Facility In Vanderburgh County

According to the National Mining Association, Indiana is home to 309 mining operations and provides employment for more than 18,800 Hoosiers. Crushed stone, portland cement, construction sand and gravel are the Hoosier State's leading nonfuel minerals, and in 2010, Indiana's mining operations created $3.3 billion worth of mineral, metal and fuel products.

Omaha, NE To Become One Of The Fastest Broadband Cities In America

The trial project will add more than 50 skilled jobs to the metro area, with CenturyLink hiring people for installations and repairs.

Featured Location Spotlight

Location Spotlight: Hoosier Energy

The Hoosier Energy Power Network’s Economic Development team is dedicated to providing valuable site selection information and assistance to companies considering a relocation or expansion in Indiana or Illinois.

Featured Location Videos

The North Eastern Strategic Alliance | Put Success In Your Corner

Companies located in South Carolina’s Business Corner enjoy quick, easy access to both domestic and international markets, a plentiful and qualified workforce and it’s in a place where the cost of living and doing business are well below the national average. Learn more at www.nesasc.org.