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.



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.
The Lexus ES 350 (Photo: Toyota)

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.
Photo: TWO MEN AND A TRUCK

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.
Wood ready to be processed before being blended and burnt with coal.

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, North Carolina

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.
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: 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.