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.
Avant Organics To Launch Manufacturing Site In Alexandria, LA
Avant Organics' parent firm Crest Industries will create 40 new jobs with a $4 million capital investment at the Central Louisiana Port.
Honorable Mention Awards: 2020 Economic Development Deal Of The Year
Our 2020 Deal of the Year competition drew the most diverse (and impressive) field of projects to date, making it much tougher to narrow down our annual list of Honorable Mentions.
Generac Power Systems Creating 450 Jobs In South Carolina
Generac's new Edgefield County, SC operations will manufacture generators and associated energy technologies, serve as a distribution center to customers throughout the Southeast.
Gilead Sciences To Create 275 Jobs In North Carolina
Biopharmaceutical company Gilead Sciences, Inc. will invest up to $5 million in North Carolina’s Research Triangle region.
CMA CGM Group Keeping North American HQ In Virginia
Shipping and logistics company CMA CGM Group will retain its Norfolk, VA headquarters, and invest $36 million to expand in Hampton Roads and Northern Virginia.
Vigene Biosciences Adding 245 Jobs In Rockville, Maryland
The global leader in gene therapy and vaccine manufacturing is planning a major expansion in Montgomery County, MD.
Delaware Gaining 152 Jobs With Three Company Expansions
Two manufacturing companies and one chemical company are growing in Delaware, bringing approximately $13 million in capital investment to the First State.
Material Handling Systems Creating 200 Jobs In Kentucky
The conveyor and automated sortation equipment company's new Bowling Green, KY manufacturing operations will complement its Mt. Washington global headquarters.
Crown Holdings Will Create 126 Jobs In Virginia
The packaging technology company will invest $145 million to build an aluminum beverage can production facility in Henry County, VA.
Valeo North America Investing $5M In Alabama Expansion
Automotive supplier Valeo North America will create 70 new jobs when it begins operations at an existing facility in Bessemer, AL.
Kinetic Advantage Plans New Headquarters In Central Indiana
The automotive floorplan financing company will create more than 200 jobs at its expanded headquarters in Carmel, IN.
Moffitt Cancer Center To Begin 775-Acre Campus In Florida
Construction of the first phase of the Pasco County campus is expected to take five years, and support more than 14,500 jobs in the Tampa Bay region.
Civica To Create 186 Jobs With New Virginia Pharmaceutical Facility
Pharmaceutical manufacturer Civica Inc. will build a 120,000-square-foot manufacturing facility in the City of Petersburg, VA.
Honda Investing $200M In Western Ohio Engine Plant Expansion
The automaker will add 120 new jobs at the Honda of America Mfg., Inc. Anna Engine Plant with help from a JobsOhio economic development grant.
Mohawk Industries Investing $22.5M In Virginia Expansion
The world's largest flooring manufacturer will create 35 new jobs as it modernizes its production facility in Carroll County, VA.
New Jersey Approves Loan Program For Brownfield Revitalization
On Thursday, January 14, the New Jersey Economic Development Authority (NJEDA) will host a webinar to provide details on its new Brownfields Loan Program.
American Fuji Seal To Create 101 Jobs In North Carolina
Packaging solutions manufacturer American Fuji Seal will invest $52 million to establish new production operations in Hickory, NC.
Snapshots: 60 Seconds with Matt Hurlbutt, Greater Rochester Enterprise
Matt Hurlbutt, President & CEO, Greater Rochester Enterprise, discusses the region's Economic Gardening program, along with its status as a high-tech, life sciences and food processing hub.
Kentucky: Putting Expansion On The Fast Track
Companies looking to hit the ground running in the recovery are flocking to the Bluegrass State, where red tape is cut so ribbons can be cut.
Electric Last Mile Aims To Create Up To 960 Jobs In Indiana
The electric vehicle (EV) company intends to invest $300M to establish operations at the former AM General commercial plant in Mishawaka, IN.
Allied Air Enterprises Investing Over $35M In South Carolina Expansion
The manufacturer and distributor of HVAC products will create 20 new jobs in Orangeburg County, SC.
ReCharge NY, Economic Development Awards Spur Over $127M Of Investment
New York Power Authority economic development awards support more than 620 jobs across the state; green job components to be considered in future applications.
Two Projects Bringing 700 Jobs, $512M In Investment To Greenville, NC
Thermo Fisher Scientific will invest $500M and create 500 jobs, while Grover Gaming will invest $12.5M and create 200 jobs in Greenville, NC.
Sensor Electronic Technology Investing $55M In South Carolina Expansion
A global supplier of UV LEDs, SETi will expand its manufacturing operations in Richland County, SC, creating 40 new jobs.
Gutterglove Investing Over $5M In New Tennessee Operations
The nation’s leading gutter guard manufacturer will move operations from California, creating 85 jobs in La Vergne, TN over the next five years.
Elanco Animal Health Picks Indiana for Global Headquarters
The animal health company will establish its global headquarters at a former GM stamping plant in downtown Indianapolis, and create more than 570 new jobs over the next decade.
World’s Largest Insect Protein Production Facility Coming To Illinois
Innovafeed and ADM will establish a new livestock feed production facility and headquarters in Decatur, IL, expanding sustainable agriculture solutions and creating more than 280 jobs in the region.
$590M Loan Will Help ApiJect Make Vaccine Devices In North Carolina
In response to COVID-19, the U.S. International Development Finance Corporation will loan the company $590 million to build a facility in Research Triangle Park.
NewCold Investing $150M In Major U.S. Expansion
The Netherlands-based temperature-controlled warehousing and distribution company will create more than 200 new jobs in Lebanon, IN.
SPIG Industry Investing $7.9M In Virginia Expansion
Highway guardrail manufacturer SPIG Industry, LLC's expansion in Washington County, VA will create 113 new jobs.
Mark Anthony Brewing Investing $400M In South Carolina
To keep up with explosive demand for its White Claw Hard Seltzer, the company will build a new facility and create 300 new jobs in Richland County, SC.
Cornerstone Building Brands Investing $25M In North Carolina Expansion
Cornerstone Building Brands, an exterior building product company, will create 38 jobs at its new production facility in Rocky Mount, NC.
Sortera Alloys To Create 100 Jobs In Indiana
Texas-based metal recycling company Sortera Alloys is moving its production operations to Fort Wayne, IN.
AHF Products Investing $2.5M In Kentucky Expansion
The wood flooring manufacturer plans to install innovative technology and create 20 new jobs at its Somerset, KY facility.
Reflection Window + Wall To Create 112 Jobs In Indiana
The Illinois-based building facade manufacturer Reflection Window + Wall is investing $9.3 million to build and equip a 120,000-square-foot facility in Porter County, IN.
Vigilent Labs Investing $104.6M In South Carolina
Advanced health and medical technology company Vigilent Labs will create more than 400 new jobs in Charleston County, SC.
Nestlé Purina PetCare To Invest $550M In New Ohio Factory
Purina's new Williamsburg, OH factory will support the company's long-term growth and employ more than 300 people by 2024.
U.S. Corrugated Considering Central Delaware For $80M “Super Plant”
The company has designated Dover as the "location of preference" for a 457,000-square-foot manufacturing facility that will create more than 150 jobs.
Wren Manufacturing Picks Pennsylvania For North American HQ, Manufacturing Facility
The United Kingdom’s largest kitchen retailer will create a total of 360 new jobs at two locations in Luzerne County, PA.
Advanced Manufacturing: Manufacturing Muscle Joins The Fight
In locations throughout the nation, advanced manufacturing facilities and resources are being enlisted in the fight against COVID-19.
