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.
Gerber Products Investing $36M In Michigan Expansion
The baby food maker will expand its Fremont, MI manufacturing facility, creating 50 new jobs in the process.
Midwest Truck & Auto Parts To Create 150 Jobs In Indiana
Automotive and truck parts supplier Midwest Truck & Auto Parts has selected a 125,000-square-foot facility in Lake County, IN for its Midwest expansion.
Ariat Investing $40M In New Texas Regional Headquarters
The footwear and apparel company's new regional distribution hub and corporate office will create 75 new jobs in Fort Worth, TX.
Leisure Pools and Spas North America Investing $6.1M In South Carolina
Fiberglass in-ground pool manufacturer Leisure Pools and Spas North America will establish operations and create 200 new jobs in Marion County, SC.
Aerospace Industry Innovators Propelled To New Heights In Mississippi
Mississippi remains at the forefront of the nation’s aerospace industry as leading, innovative companies continue to grow in the state, creating the high-tech, in-demand jobs of the future.
Indiana Lands Milwaukee Tool’s New Service Hub
Heavy-duty power tool manufacturer Milwaukee Tool will establish a new tool service hub in Greenwood, IN and create more than 450 new jobs by the end of 2025.
Panda Biotech Picks Texas For Nation’s Largest Hemp Fiber Processing Center
Panda Biotech's 500,000-square-foot facility in Wichita Falls, TX will be the first facility in the U.S. to cottonize hemp fiber on a commercial scale.
New Mexico: A Global Manufacturing And Logistics Powerhouse
Cutting-edge global players in advanced manufacturing are flocking to New Mexico for its superior logistics and one of the fastest border crossings.
Incentivizing Growth: Tarheel Temptations Reel In Big Fish
Through two popular incentive programs, the North Carolina Department of Commerce tailors grants to help attract jobs and the company making an investment.
Energix Renewable Energies Establishing U.S. HQ In Virginia
The Israeli renewable energy company will invest $1.1 million to establish its U.S. subsidiary base in Arlington, VA, creating 33 new jobs.
Torc Robotics Will Create 350 New Jobs In Virginia
The self-driving vehicle pioneer will invest $8.5 million to expand software development operations in Blacksburg, VA.
Corsicana Mattress To Invest Over $8.6M In Indiana
The Texas-based mattress company will establish a new production facility in La Porte, IN, creating 350 jobs.
Continental Structural Plastics Investing $45M In North Carolina
The lightweight composites maker for the transportation industry will create 61 jobs and add a new paint line and equipment at its Rowan County, NC facility.
Cajun Traditions Investing $2.85M In New Louisiana Meat Processing Facility
Meat processing startup Cajun Traditions Food Processors will establish a meat processing and packaging facility in Church Point, LA, creating 35 jobs.
KRA Operations Investing $11.5M In South Carolina
The metal stamping and injection molding company’s $11.5 million investment is expected to create 57 new jobs in Newberry County, SC.
Louisiana: Building A More Resilient State
Louisiana has created a Resilient Louisiana Commission (with 15 associated task forces) to chart a path toward safely reopening the economy and making the Pelican State more resilient for the long-term.
T-Mobile Will Create Up To 500 New Jobs In Virginia
The wireless network operator will invest $30 million to relocate one of its Customer Experience Centers to Henrico County, VA.
Mission Foods Expansion Will Create 500 Jobs In Indiana
To support its Midwest growth, the tortilla maker will establish a new 510,965-square-foot manufacturing facility in Plainfield, IN.
There’s Still Time To Invest In Qualified Opportunity Zones
The IRS has extended a critical deadline for investments in Qualified Opportunity Zones until the end of the year, hoping to entice investors who have largely sat on their money during the global pandemic.
Continential Investing $4M To Expand Indiana R&D Operations
Germany-based vehicle technology company Continential will create more than 45 new jobs with an expansion of its ContiTech Vibration Control business unit in DeKalb County, IN.
Nestlé Purina PetCare Investing $167M In Pennsylvania Expansion
The national pet food company will add new processing and packaging lines, and 94 new jobs, at its Hampden Township, PA operations.
Shutterfly Investing $23M In Ohio Expansion
Shutterfly, a digital photo products manufacturing company, will expand production and create 100 new jobs at its Galion, OH facility.
Snapshots: 60 Seconds with Mike Grundmann, VEDP
Mike Grundmann, Senior Vice President, Talent Solutions, Virginia Economic Development Partnership, discusses workforce development, recruitment and training, and the impact of COVID-19.
North Carolina: Cabinetry Maker Investing $86M In New Headquarters
GoldenHome International is investing $86 million in a North American headquarters in Concord, NC, creating 257 jobs over five years.
International Cushioning Investing $3.6M In Northwest Ohio
The New Jersey-based packaging company will create 75 new jobs at its new Fremont, OH advanced manufacturing facility.
Poland-Based Manufacturer Will Create Over 400 Jobs In Pennsylvania
CANPACK Group will invest nearly $366 million in a new manufacturing facility and North American Center of Excellence in Lackawanna County, PA.
Amazon Will Create 1,000 Jobs At New Texas Fulfillment Center
Amazon will invest $250 million to build a new 820,000-square-foot facility in the city of Pflugerville, TX.
One Atlanta: Economic Mobility, Recovery And Resiliency Plan Launched
The mayor, in partnership with Invest Atlanta and WorkSource Atlanta, created the initiative to help Atlanta families and hometown businesses survive the COVID-19 pandemic.
CoffeeTech Industries Investing $56M In Texas
The coffee company will build a new headquarters and manufacturing facility in Seguin, TX, where it will create more than 90 new jobs.
Bausch + Lomb Expanding, Creating 79 New Jobs In Virginia
The global eye health company will invest more than $35 million to expand its manufacturing facility in Lynchburg, VA.
Virginia: Expanding The Envelope For Growth
Already at the forefront of emerging growth sectors like cloud computing and cybersecurity, Virginia continues to expand its high-tech portfolio.
Barclays US Consumer Bank Creating 300 Jobs In Delaware
Barclays US Consumer Bank plans a $6.9 million capital investment as it expands its customer service operations in Wilmington, DE.
Workforce Training: Coping With Crisis Requires A New Skillset
Companies are building digital training programs and creating ecosystems of “learning partners” to produce and deliver digital content to a broad base of employees.
AFS To Create Up To 1,400 Jobs At New Missouri Facility
Accenture Federal Services will open a new Advanced Technology Center in St. Louis, MO to serve U.S. federal government clients.
Metalworx Relocating HQ, Manufacturing Facility To Virginia
The manufacturer will invest $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to Grayson County, VA.
FerraTex Solutions Investing Nearly $2M In Virginia Expansion
The company will establish a new subsidiary operation and create 15 new jobs in Henry County, VA with help from local and state economic development grants.
Grifols Therapeutics Investing $351M In North Carolina Expansion
The global healthcare company will create 300 jobs at a new specialized blood plasma facility and logistics center at its Clayton, NC campus.
Massachusetts Awards Kidde Fire Systems Workforce Training Grant
The $67,200 workforce training grant will help Kidde Fire Systems train workers at its Ashland, MA manufacturing facility on new industry standards.
COVID-19 Response And Recovery
The COVID-19 crisis is bringing out the best in communities from coast to coast. Economic development organizations are giving small businesses financial lifelines. They’re also teaming up with local businesses to create a supply chain for critical medical supplies.
Bates Precast Concrete To Invest $5M In Georgia Expansion
The concrete company will build new office, production and storage space at its facility at Lake Park Industrial Park in Valdosta-Lowndes County, GA.
