Business Incentives
Oklahoma Sees ‘Tremendous Growth’ In New, Existing Companies
Two economic development programs awarded a combined $13.5 million to more than 175 businesses in 2023 alone, according to the Oklahoma Department of Commerce.
South Carolina: Supporting Business From Launch To Legacy
The South Carolina Department of Commerce’s new brand campaign reinforces the state’s commitment to companies’ long-term success.
Owl’s Head Alloys Will Invest Over $29M In Mississippi
The aluminum processing company will locate new operations in West Point, Mississippi, creating 68 jobs. Plus, Mississippi invests nearly $1M in site development.
$375M DOE Investment Spurs Second Eastman Molecular Recycling Project In U.S.
Department of Energy funding led Eastman to announce plans to build its second U.S. molecular recycling facility in Longview, Texas. In Odessa, Liberty Energy breaks ground on its $50 million project.
Door Manufacturer, Logistics Company Will Create 130 Jobs In Virginia
With total investments of more than $87M, Tucker Door & Trim will create 50 jobs in Henrico County and FreezPak Logistics will create 80 jobs in the City of Suffolk.
Future Mobility, Sustainability Projects To Bring More Than 1,360 Jobs To Michigan
Corning will invest $900M in Saginaw County manufacturing facility; EV maker Lucid Motors’ new R&D facility will bring over 250 jobs to Southeast Michigan.
Lone Star State Success Driven By ‘Hardworking Texans’
Governor Greg Abbott credits the state’s residents — and economic development tools — for its top business ranking.
Data Centers Grow Despite Fears Of ‘Complete Halt’
Northern Virginia and Portland, OR tied at No. 1 as top data center regions in North America, according to a Cushman & Wakefield report.
Mack Trucks To Invest $14.5M In Virginia Expansion
Mack Trucks will create 51 jobs with an expansion of its Roanoke County manufacturing operation. Meanwhile, Virginia will grant six communities a total of $1.76M for brownfields restoration.
Pennsylvania Launches New Economic Development Strategy; Focuses On Robotics, Tech
Pennsylvania’s new 10-year economic development strategy will focus on growing its agriculture, energy, life sciences, manufacturing, and robotics and technology sectors.
Rokt Will Invest $17.6M To Expand New York City HQ
Empire State Development will support Rokt HQ expansion in New York City with $4.7M in Excelsior Jobs Program tax credits. Plus, Creation Technologies opens $22M manufacturing facility in Wayne County.
Meta Plans $800M Data Center Campus In Indiana
At River Ridge Commerce Center in Jeffersonville, IN, Meta will create 100 jobs at its new data center and Bintelli will invest $4M to expand its EV operations.
Michigan Strategic Fund Helps Three Companies Create Nearly 1,000 Jobs
In Detroit, Australia-based Fortescue will establish Advanced Manufacturing Center, Germany-based EcoG plans U.S. headquarters. Plus, Fifth Wheel Freight plans new flagship headquarters in the Great Lakes State.
Stardust Power Picks Oklahoma For Battery-Grade Lithium Refinery
Stardust could be eligible for up to $257M in state, federal economic incentives for the Muskogee facility. Plus, Oklahoma launches its new SITES Ready Program
Business Facilities LiveXchange: You’re Invited!
If your company plans to expand or relocate within the next three years, you're invited to join us at our executive site selection conference – Business Facilities LiveXchange – March 17-19 in Richmond, Virginia.
New Mexico Awards Job Training Funds To 14 Companies
In 2023, the New Mexico Economic Development Department’s Job Training Incentive Program (JTIP) assisted a total of 44 companies in 11 counties.
Putnam County: The Perfect Place To Relocate Your Business!
Putnam County, Florida is a progressive rural community with easy access to major metropolitan areas, a competitive business climate, and an attractive lifestyle.
Governor’s Report: South Carolina Boasts Booming Economy
Gov. Henry McMaster says South Carolina is in its best fiscal condition in modern history, making it the best place to do business.
Amkor Will Create 2,000 New Jobs In Arizona
In Peoria, AZ, Amkor will invest $2 billion to build what will be the largest outsourced advanced packaging and test facility in the U.S.
Forge Nano To Invest $165M In North Carolina
Forge Nano will launch a new lithium-ion battery manufacturing company, Forge Battery, that will create hundreds of jobs in Wake County, NC.
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
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
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.