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.



automotive industry

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.
Port of Caddo-Bossier, Ternium

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.
Richmond, VA

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.
Rivian Inc., Georgia

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.
Westinghouse, Richland County, SC

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.
FUJIFILM Diosynth Biotechnologies, College Station-Bryan

Texas Projects To Create 250 Biotech, Manufacturing Jobs

FUJIFILM Diosynth Biotechnologies will create 150 jobs in College Station-Bryan; MP Materials will bring 100 skilled jobs to Fort Worth.
Michigan flag

Michigan Governor: “Our State Will be Competitive.”

Michigan Governor Gretchen Whitmer lauds bi-partisan agreement to attract interest in the state.
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.
Wilmington, Delaware

Investor Cash Management Picks Delaware For New HQ

The early-stage digital fintech company will invest $15 million to create 395 jobs in Wilmington as part of Delaware’s growing fintech hub.
Sinova Global

Sinova Global To Establish Silicon Metal Refining Plant In Tennessee

Canada-based quartz supplier Sinova Global will invest $150 million to establish manufacturing operations in Tennessee; will create 140 jobs.
Greater Cincinnati

Greater Cincinnati Area To See 200 New Jobs As Investment Blossoms

Job Creation Tax Credits, along with infrastructure benefits and a substantial pool of talent, are leading to increased corporate investment in Cincinnati and the surrounding area.
electric vehicle battery plants

Two New EV Battery Plants To Create 1,900 Jobs In North Carolina

In total, Toyota and Arrival will invest more than $13 billion to establish their electric vehicle battery plants in Randolph County and Charlotte.
Venture Global LNG

Venture Global LNG To Invest More Than $10B In New Louisiana Facility

Venture Global LNG project will create at least 200 new jobs in Cameron, LA; facility will feature carbon capture and sequestration capacity.
Intel New Mexico

New Mexico: Intel Plans $3.5 Billion Expansion In Rio Rancho

Semiconductor giant Intel will create 700 high-wage jobs at its chip fab in Sandoval County, New Mexico.
Hootsuite

Hootsuite To Create More Than 60 Jobs With New Atlanta Office

Canadian software as a service (SaaS) company Hootsuite will launch its new space in Atlanta's Tech Square by early 2022.
Transcom

Transcom To Establish North American Presence In South Carolina

Customer service specialist Transcom will begin expanding its operations to the North American market with new office space in Greenville County, SC.
AirTrunk

AirTrunk Unveils Tokyo Data Center, Set To Be Largest In Japan

Australian AirTrunk has established its first data center in Japan; the sprawling Tokyo complex will become the country's largest data campus.

U.S. Tech Firm Helm360 Expands Operations In Costa Rica

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.
Samsung Texas

Texas Lands $17B Samsung Chip Manufacturing Factory

In the largest foreign direct investment in Texas on record, Samsung will create more than 2,000 high-tech jobs at its new semiconductor manufacturing facility in Taylor, TX.
CCL Label

North Carolina Sees Investments In Food Processing, Manufacturing

Packaging manufacturer CCL Label Inc. and frozen food company Meel Corp are both expanding into North Carolina, bringing millions in investments to the state.
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] Get More for Your Business in Ardmore. Oklahoma

The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.

Location Spotlight: Capitalize On Opportunity In Washington, DC

Experience the momentum firsthand as Washington, DC sets new benchmarks in the business world. Whether you're a visionary entrepreneur or an established company, our city offers limitless possibilities for your growth and prosperity.