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.
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.
The Commonwealth Of Virginia: A Location of Choice
Home to the nation’s largest data center market, its third-largest port, the third-highest concentration of tech workers and the HQ of 37 Fortune 1000 companies, Virginia offers diverse opportunities for success.
MetaCX Adding 75 New Jobs In Indiana
The Software-as-a-Service (SaaS) startup will invest $1.4 million to scale up its operations in Indianapolis, creating up to 75 high-wage jobs by 2023.
Barbados And Medical Tourism: A Perfect Match
Barbados is a medical tourism hub of excellence and a leading destination for IVF, rehabilitation, and a variety of surgical and non-surgical procedures.
MCM Plastics Investing $2.7M In Louisiana Expansion
The company will expand its plastics manufacturing operations in Holden, LA, retaining 15 jobs in Livingston Parish.
Swiss AgTech Company Picks Indiana For First U.S. Production
Cormo USA Inc. will invest $29.5 million to establish operations in Rushville, IN, creating up to 250 new jobs by the end of 2023.
CBC Manufacturing Consolidating Operations In Upstate New York
The holding company will invest $4.45 million, and create and retain more than 80 new jobs in the City of Rochester over the next five years.
North Dakota Investing $33M In UAS Infrastructure
The state’s investment represents one of the largest Beyond Visual Line of Sight (BVLOS) for unmanned aircraft systems investments in the U.S.
Quality Iron & Steel Investing $2.8M In Tennessee
The steel fabrication company will create 32 jobs at a new Selmer plant that's expected to begin operations in May 2019.
CKPC To Produce Highly Recyclable Plastics In Canada
Through its Strategic Innovation Fund, Canada will invest US$36 million to support construction of the new US$3.3 billion polypropylene complex in Sturgeon County, Alberta.
GM Bowling Green Assembly Plant To Add 400 Jobs
Preparing for the next-generation Corvette, the Warren County, KY facility will build America's most advanced series-production sports car.
Netflix Expanding With New Production Hub In New York City
An expanded office space in Manhattan and six sound stages in Brooklyn will create up to $100 million in investments and thousands of jobs within five years.
Horton Holding Creating 125 Jobs In South Carolina
The manufacturer is establishing a new 100,000-square-foot facility in Oconee County, SC.
Chewy Chooses North Carolina For $55M Fulfillment Center
The online pet supply retailer will create 1,200 jobs at its new e-commerce fulfillment center in Rowan County, NC.
Two Business Expansions Bring 125 New Jobs To Michigan
Electrical services firm Feyen Zylstra is adding second location in Walker, while German auto supplier MAHLE is expanding in St. Johns.
New Jersey Expands Brownfields Loan Program
The New Jersey Economic Development Authority (NJEDA) has approved a new Brownfields Loan Program that will provide low-interest financing to help complete remediation of vacant or underutilized brownfields sites.
The Muffin Mam Investing $18.8M In New South Carolina Operations
The baked goods manufacturer will launch new production operations in Laurens County, SC, creating 114 new jobs.
BCforward Bringing 300 New Jobs To Central Indiana
The global IT consulting and staffing firm is expanding its operations in Hamilton County with a new digital training center.
Polycap Establishing First U.S. Manufacturing Facility In Virginia
The Canadian company will invest $7.7 million and create 48 new jobs in Lebanon, VA.
Workforce Training & Talent Acquisition
Today’s workforce training and talent acquisition is a multi-faceted effort that brings targeted skills to students, and new workers to locations they’ll be happy to live in.
Zotec Adding 300 Jobs At Indiana Headquarters
The company has broken ground on a new $47 million national headquarters facility that will nearly triple its footprint in Carmel, IN.
Northrop Grumman Expansion Creating 500 New Jobs In West Virginia
The company will also retain more than 1,100 jobs as it increases the capacity of its Allegany Ballistics Laboratory at Rocket Center, WV.
St. James Parish Gets $2.2-Billion Methanol Complex
Formal construction will begin this year at a 1,500-acre Mississippi River site, which will become home to one of the world’s largest methanol production facilities.
Snapshots: 60 Seconds With Eloisa Klementich, Invest Atlanta
Eloisa Klementich, CEO, Invest Atlanta, discusses the factors that are making the city a thriving high-tech hub.
Food Processing: Digital Transformation Is On The Menu
Food manufacturers are picking up the pace in adapting to the emerging industrial Internet of Things, with nearly a third of facilities in the sector now utilizing wireless networks.
iTG Investing $5.1M In Virginia Headquarters Relocation, Expansion
The information technology and management consulting firm will create more than 128 jobs at its new headquarters in Arlington County, VA.
