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.
Uber To Create 3,000 Jobs In Texas
The transportation and delivery company will invest more than $75 million in its new U.S. General and Administrative Hub in Dallas, TX.
Henkel And ALPLA Partner For $130M Investment In Kentucky
The partnership's expansion project will enhance laundry detergent production in Bowling Green, KY and is expected to create up to 60 full-time jobs.
Arizona: Job Growth Is Surging In The Grand Canyon State
With a booming economy fueled by a business-friendly climate and a thriving startup ecosystem, Arizona was fourth among U.S. states in GDP growth in 2018.
Sequel Wire And Cable Investing $53M In Indiana
The wire fabrication startup will establish operations in Marshall County, IN, and expects to create 120 new jobs by the end of 2024.
Xerox To Create 600 Jobs In North Carolina
The technology company will invest $18.4 million at a new Center of Excellence in Cary, Wake County.
Pure Michigan Means Pure Opportunity
With its affordable cost of living, highly skilled workforce, culture of innovation and premier quality of life, businesses are turning to Michigan for new opportunities.
Faith Technologies, Excellerate Manufacturing Expanding In Kansas
The new 450,000-square-foot facility in Olathe, KS is expected to add more than 780 positions over the next few years.
AirBorn Breaks Ground On Pennsylvania Expansion
The electronics manufacturer is investing $3.7 million in Lake City, PA to double the size of its footprint in Erie County and add up to 249 new jobs.
TAZ Trucking Investing $7.3M In Kentucky Expansion
Just six weeks after the company cut the ribbon on its new Bowling Green facility, TAZ Trucking announced it will add up to 57 new jobs at the location.
Auto Truck Group Expanding Indiana Operations
The work truck upfitter will invest more than $6 million in a new, 72,000-square-foot facility in Allen County, and create up to 50 new jobs.
California Is Land Of Opportunity, Michigan Is Motor King
California is the top-ranked state for Opportunity Zones and Michigan leads in Automotive Manufacturing Strength in Business Facilities' 15th Annual Rankings Report.
Business Facilities’ 15th Annual Rankings: State Rankings Report
Our 15th annual rankings report maintains BF’s standard for credible and comprehensive results. Rankings categories may evolve over time, but our commitment to an unbiased assessment of valid metrics never wavers.
Henkel Investing $45M In North Carolina Operations
With help from economic development investment grants, the adhesives and consumer goods maker will invest in new equipment and improvements at its Salisbury, NC facility.
Aireon Relocating, Expanding HQ In Virginia
The global air traffic surveillance systems company will create more than 50 new jobs in Fairfax County, VA over the next three years.
ABB Selects North Carolina Facility For $40M Expansion
The global industrial company will create more than 400 jobs at its current facility in Mebane, NC.
RADA Technologies Plans New HQ In Maryland
The aerospace and defense electronics company will add 80 new jobs in Montgomery County by December 2023.
Snapshots: 60 Seconds With James Chavez, South Carolina Power Team
James Chavez, President and Chief Executive Officer, South Carolina Power Team, discusses recent economic development successes, the Site Readiness Fund, workforce development and foreign investment.
Bioscience: A Cash Crop In Iowa
Iowa has always been an agricultural powerhouse, so it’s no surprise the Cornhusker State is a leader in bioscience with 1,266 firms in the sector, from startups to global leaders in R&D.
Setting The Bar High In Nevada
A new bill, passed unanimously across party lines, updates and reforms Nevada’s RPS so that, by 2030, 50 percent of its electricity will come from clean, renewable energy.
Sizing Up Sites In Rural Tennessee
Henderson, Johnson, McNairy, Scott and Sequatchie counties are participating in a state program that will improve their inventory of available industrial sites.
Viemed Healthcare Creating 220 Jobs In Louisiana
The respiratory care company will expand into a new headquarters facility in Lafayette, LA.
Navistar To Invest $125 Million In Alabama
The commercial truck and bus manufacturer’s expansion will bring an additional 145 jobs to Huntsville, AL.
Metalsa Structural Products Investing $6.4M In Virginia
The Mexico-based automotive solutions company will create 25 new jobs with an expansion of its Roanoke manufacturing operations in Botetourt County, VA.
PharmaCord Adding Up To 850 Jobs In Indiana
The Kentucky-based healthcare company will invest more than $52 million to establish a state-of-the-art operations and call center in Jeffersonville, IN.
Tasty Blend Foods Invests $3M In West Virginia Expansion
The food manufacturer’s expansion of its Putnam County, WV manufacturing plant will create 20 new jobs and add a new product production line.
Allison Transmission Investing $400M In Indiana Growth, Innovation
Planned growth of the company’s core businesses, innovation and vehicle testing center will bring more than 300 jobs to central Indiana.
Chinese Steel Wheels Manufacturer Chooses Indiana
Startup manufacturer Indiana Wheel Corporation will invest nearly $23 million and create more than 100 jobs at its new 300,000-square-foot production facility in Plymouth, IN.
Castle Hill Gaming Creating 106 New Jobs In Virginia
The gaming software developer will invest $1.3 million to expand its corporate headquarters in Albemarle County, VA.
EFP Corp. Investing More Than $6.5M In Indiana Expansion
The Northern Indiana packaging manufacturer is expanding to a 100,000-square-foot building in the Vanderburgh Industrial Park in Evansville, IN.
Governor’s Report: Leading By Example In Louisiana
Under Gov. John Bel Edwards, Louisiana has become a national leader in cyber security and a global leader in water management and coastal restoration.
Lacassine Operating Co. Building $12.5M Plant In Louisiana
The industrial chemical company’s new catalyst blending plant will serve refinery clients around the world from an industrial park in Lacassine, Jefferson Davis Parish.
Michigan Incentives Will Help FCA Create 6,433 New Jobs
Fiat Chrysler Automobiles' historic project will generate $4.5 billion in investment as it builds a new state-of-the-art assembly plant in Detroit and expands production at five existing Michigan facilities.
Texas: Business & Technology Park Expands In Tomball
Hoelscher Weatherstrip Manufacturing Co. is constructing a 193,000-square-foot facility at the 99.5-acre Tomball Business & Technology Park, creating 119 new jobs.
Litehouse Creating 160 New Jobs At Virginia Production Facility
Litehouse will invest $46 million in the City of Danville, VA at the packaged food company's first East Coast production facility.
New Mexico: Development As A Recreational Activity
New Mexico is moving to create a new Division of Outdoor Recreation, a unit the governor says will boost economic development.
Two Local Companies Expanding In St. Joseph, MO
LifeLine Foods and Boehringer Ingelheim will each make significant investments at their St. Joseph, MO facilities, totaling more than $34 million.
Hershey Investing $104M In Virginia Expansion
The chocolate and snacks company’s expansion of its Augusta County, VA manufacturing operations will create 65 new jobs.
Cummins Investing $68M, Adding Jobs In Indiana
As it celebrates 100 years in Indiana, the company will establish its Electrified Power business headquarters in Columbus, and increase its presence in Indianapolis and Greenwood.
Ebm-papst Investing $37M In Select Tennessee Certified Site
The plant is the Germany-based company’s second U.S. location and will create 200 new jobs over the next five years in Washington County, TN.
Pinnacle Technology Group Opening New Ohio Location
Attracted to the region’s diverse and skilled workforce, the company will hire 35 people to work in its new $570,000 facility in Maumee, OH.
