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

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.


https://businessfacilities.com/2013/07/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.

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Taxes & Incentives

Latest: 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.

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.

Imperium Health Management To Establish Headquarters In Louisville, KY

Health care management company to invest more than $1.3 million in the Commonwealth.

Schwabe North America Locates To Northern Nevada

Several partners assisted in the efforts to locate Schwabe including: John Parel of Nevada JobConnect, Brad Woodring with NV Energy, Deb O'Gorman with Truckee Meadows Community College, Dean Haymore from Storey County and the State Governor's Office of Economic Development.

Auto Supplier To Build New Manufacturing Facility In Riverside, MO

Yanfeng USA Automotive Trim Systems, an industry leader in interior component supplies, to make $45 million capital investment.

FEATURE STORY: 2013 Economic Development Awards

There may be fewer projects to aim for in the highly competitive environment of a recovering economy, but those who hope to succeed must find a way that distinguishes them from the rest of the field. Here are the organizations that have established a consistent standard of excellence and embraced the best practices to secure the projects that bring bundles of new jobs to their locations. From the March/April 2013 issue.

Southern Air Relocates To Northern Kentucky

Global airline relocates headquarters to Kentucky, creates up to 150 jobs.

MVP Group Establishes Manufacturing Operations In Fulton, KY

Candle, fragrance manufacturer to invest more than $5.2 million; will create 150 jobs.

Kobe Aluminum In Bowling Green, KY Breaks Ground On Second Expansion

Japanese-owned automotive supplier to invest an additional $66 million in the state; company will add 100 jobs.

NYC Regional EDC, NYC Seedstart Announce Enterprise 2013 Startup Accelerator Program

A key strategy of the NYCREDC is to foster innovation by investing in projects and programs that are going to create the industries, businesses and jobs of the future. Innovation industries grow in clusters, where entrepreneurs, venture capitalists, researchers and potential clients are constantly interacting, exchanging ideas and drawing upon a concentration of talent.

U.S. Ranks First In KPMG Green Tax Index

U.S. tops countries using tax code to shape sustainable corporate activity.

Not So Wild A Dream

If you look at a map, you will notice there is no interstate highway connecting Memphis to Birmingham, two major industrial cities of the Southeast. That lack of good road certainly did not help the growth prospects in Northwest Alabama, which historically based its economy on natural resources—coal and pulpwood—and smaller cottage industries.

Toyota To Build Lexus ES 350 In Kentucky

Toyota investing $360 million and creating 750 new jobs to produce 50,000 vehicles annually starting in 2015.

Doubling Down in NJ

New Jersey is bolstering its casino industry by embracing Internet and on-demand gaming, betting that expanding the pool of gamblers will lift Atlantic City's fortunes.

TWO MEN AND A TRUCK® To Expand In Lansing, MI Region

The Lansing, MI-based company expands its international headquarters in Delhi Township adding 125 jobs locally leading to 7,000 new jobs nationally.

Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA

The company plans to produce three-wheeled vehicles capable of attaining a highway mileage rating of more than 80 mpg at the former GM plant in Caddo Parish.

COVER STORY: 2012 Economic Development Deal of the Year Awards

Baxter International's decision to make a $1.3-billion investment in an expansion of its bio/pharmaceutical manufacturing promises to propel the Peach State into the front ranks of national biotech powerhouses. From the January/February 2013 issue.

Sasol Snares Silver In Business Facilities 2012 Deal Of The Year

Sasol's investment in Louisiana snares Silver Award in BF's 2012 Economic Development Deal Of The Year competition.

Two Drax Biomass Projects In Louisiana To Result In 200+ New Jobs

Project producing wood-based pellets near Bastrop for U.K. energy generation will include Baton Rouge shipping facility and total capital investment of more than $120 million.

Herbalife Purchases Manufacturing Facility In Winston Salem, NC

California-based nutrition company enters into agreement to purchase manufacturing facility in Winston Salem, NC. The facility will employ approximately 500 new positions when it reaches full production and it will manufacture Herbalife's nutritional powders and liquids for the North American and other markets around the world.

Creating Fiscally Sound State Tax Incentives

This report from the Pew Center on the States shows that policy makers often create tax credits, deductions, and exemptions without reliable cost estimates and annual cost controls.

Sasol Announces Largest Manufacturing Investment In Louisiana History

Hiring for the GTL and ethane cracker facilities will begin in 2014. Operations of the first plant are expected to start in 2017, with full employment reached within two years after commercial operations begin. Dec 4, 2012 @ 12:28 PM

Fidelity Announces $20 Million Data Center in Greater Omaha

Fidelity Investments becomes first financial services firm to build a data center in Nebraska under the Nebraska Advantage tier. Oct 19, 2012 @ 2:35 PM

INTERNATIONAL REPORT: GERMANY & BELGIUM

Restarting the Engine for European Growth: Spillover effects are traveling back and forth between emerging and advanced economies.

INDUSTRY FOCUS: Data Centers – Growing by Gigabytes

From the snow-capped Rockies of Wyoming to the scenic vistas of the Tennessee Valley, new data centers are popping up across the landscape as a hot growth sector continues to expand. From the May/June 2012 issue

INTERNATIONAL REPORT: Germany and Belgium – Restarting the Engine for European Growth

Spillover effects are traveling back and forth between emerging and advanced economies. From the May/June 2012 issue.

BUSINESS REPORT: Indiana – A Warm Business Climate Grows A Multitude Of Jobs

Indiana’s Economic Development Corporation had a record-breaking year in 2011 as the state gained commitments for 19,080 jobs with hourly wages exceeding the state average. From the March/April 2012 issue.

INDUSTRY FOCUS: Automotive Shifts Into High Gear

With General Motors back on top, industry analysts are projecting a robust 10 percent increase in global light vehicle production to 83.5 million units compared to 75.9 million in 2011. Find out which locations are ready to put the pedal to the metal. From the March/April 2012 issue.

FEATURE STORY: 2011 STATE OF THE YEAR – Utah

Befitting a state that is home to majestic snow-capped Rockies, Utah continues to scale new heights with an aggressive economic development strategy that has made the Beehive State a leader in a bevy of high-growth sectors. From the January/February 2012 issue.

BUSINESS REPORT: Mississippi Aims To Move To The Head Of The Creative Class

With a new governor, the Magnolia State is moving to revitalize Mississippi’s business outlook in 2012 by focusing on emerging industries, including clean energy and the creative economy. From the January/February 2012 issue.

BUSINESS REPORT: Louisiana Keeps Moving Up Way Down South

Louisiana remains a solid front runner for job growth and business development with best-in-the-nation workforce training and technology incentives that are cultivating a high-quality workforce. From the January/February 2012 issue.

North Carolina Incentives and Workforce Development Guide

A comprehensive list of North Carolina financial aid, loans, grants, abatements, workforce development, exemptions, funds & capital investment opportunities.

Featured Location Spotlight

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.

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.