Business Incentives
Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Business Incentives articles below.
D6 Relocates Headquarters To Texas
Packaging manufacturer D6 Inc. will relocate from Portland, OR, creating 231 new jobs in its new home state of Texas.
Bonumose To Invest More Than $27M To Expand In Virginia
Thanks to a new R&D partnership with Hershey, the rare sugar producer will expand in Albemarle County, VA, creating 64 new jobs.
2021 Deal Of The Year Entries Now Being Accepted
Submissions will be accepted for Business Facilities’ 2021 Economic Development Deal of the Year Awards until December 1, 2021. Awards will be featured in the January/February 2022 issue of Business Facilities.
Stellantis To Invest $229M To Retool EV Production Operations
Formerly Fiat Chrysler Automobiles, Stellantis will retain, retrain 662 team members to support production of electrified transmissions in Kokomo, IN.
Jacksonville Fosters Growth, Innovation For Medical Device Manufacturers
A deep workforce, a vibrant and innovative medical ecosystem and a multitude of tax and lifestyle benefits make Jacksonville the ideal home for medical device manufacturers.
Joint Venture To Bring Medical Glove Production, 2,500 Jobs To Virginia
Blue Star Manufacturing and American Glove Innovations will invest over $700 million to expand PPE production in Wythe County, VA.
Fiserv To Invest More Than $105M In New Jersey Expansion
The global financial technology company will bring nearly 2,000 jobs to its new hub in Berkeley Heights, NJ
Job Development Grants Drive Investment In North Carolina
Incentives provided by North Carolina Economic Investment Committee lead to upwards of $150 million in investment in manufacturing, software industries.
Leprino Foods To Invest $870M In Texas Cheese Manufacturing Plant
Mozzarella cheese maker will create 600 jobs in Lubbock, in one of the state’s largest private investments since inception of the Texas Enterprise Fund.
Smoker Craft Invests $12 Million In New Indiana Facility
The expansion will help Smoker Craft meet increased consumer demand, and create up to 100 new jobs in New Paris, IN.
Generac Investing $53M In Wisconsin Expansion
Energy technology solutions company Generac will create more than 700 manufacturing and office jobs throughout Wisconsin.
Miller Metal Fabrication To Grow Operations In Delaware
Miller Metal's $7 million investment in new Sussex County, DE facility will increase manufacturing capacity, bring employment opportunities.
CTDI Plans $19 Million Capital Investment In Indiana
Communications Test Design, Inc.'s Jeffersonville, IN expansion will create 1,000 jobs over the next five years.
Carvana To Build Inspection, Reconditioning Center In Oklahoma
Carvana will invest $40 million in the new Oklahoma City Inspection and Reconditioning Center (IRC); upwards of 350 jobs will be created.
Southwest Louisiana: Where The Action Is
The diverse, inclusive gumbo in Southwest Louisiana includes a highly skilled workforce that is the hot sauce for success in key growth sectors.
M.C. Dean Celebrates Opening of $25.1M Virginia Expansion
Expansion of the ModularMEP™ manufacturing and systems integration facility will result in 150 new jobs in Caroline County, VA.
International Manufacturers Drive Growth In Indiana
International manufacturing expansions create more than 160 jobs, $57M in Indiana; plus manufacturers get $2.8 million in tech grants.
Thermo Fisher Scientific Investing $154M In North Carolina
The expansion will increase Thermo Fisher Scientific's manufacturing capacity and create 290 additional jobs in Pitt County, NC.
New England: Balancing Business & Beauty
While parts of the New England economy experienced a setback, much like its fall foliage, the region will soon experience a beautiful change.
Tyson Foods To Create More Than 375 Jobs In Virginia
Food company Tyson Foods will invest $300 million in a new 325,000-square-foot manufacturing facility in Danville-Pittsylvania County, VA.
MTX Group Creating 250 High-Tech Jobs In New Mexico
Global technology consulting firm MTX Group will invest more than $2 million to establish a new Southwest regional office in Albuquerque, NM.
Real-Time Data Drives Post-Pandemic Health Care
Building a resilient post-COVID health care workforce will require data-driven solutions to meet evolving employee needs, according to Deloitte’s 2021 Global Health Care report.
