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.
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.
Unix Packaging Creating 226 New Jobs In North Carolina
The California-based beverage company will invest $19 million in a new manufacturing, bottling, and beverage product packaging facility in Morganton, NC.
Indiana Devotes Nearly $44M To Economic Recovery Efforts
The new initiatives were launched to help Indiana businesses restart, adapt and stimulate long-term growth, especially small businesses and manufacturers.
Nextremity Solutions Investing $4.5M To Expand In Indiana
The orthopedic device company will create up to 111 new jobs at the Warsaw Technology Park in Kosciusko County, IN.
Forcura To Create 115 Jobs At New Florida HQ
Healthcare technology company Forcura will invest $2.15 million to expand its corporate headquarters in Jacksonville, FL.
Microsoft Investing $64M In New Virginia Location
The company will create 1,500 jobs at a new software development and R&D regional hub in Fairfax County, VA.
Italian Stainless Steel Company Picks Indiana For North American HQ
INOX Market Service will invest $15 million to establish its North American headquarters in Delaware County, IN, creating up to 101 jobs by the end of 2024.
Automotive Supplier Creating 75 New Jobs In Ohio
Marelli is building a new manufacturing plant in Bowling Green, OH, with construction expected to be complete in early 2021.
Crown Holdings Begins Building $148M Plant In Kentucky
The 327,000-square-foot metal beverage can manufacturing facility in Bowling Green, KY will create 126 jobs when it opens in the spring of 2021.
Did You Miss Our COVID-19: The Road To Recovery – After The CARES Act Webinar?
In this free video webinar, Allea Newbold of Ryan LLC discusses COVID-19 business relief initiatives, with special focus on the CARES Act.
Click Here Digital Relocating To New Louisiana HQ
The digital consultancy will retain 63 jobs, and create 100 new direct jobs at its new corporate headquarters in in Baton Rouge, LA.
Rhode Island Responds To COVID-19 Challenges
Rhode Island leaders have taken action to help local businesses, communities and residents face the challenges of the COVID-19 pandemic.
Cabinetry Maker Investing $86M In New North Carolina HQ
GoldenHome International will establish its North American headquarters in Concord, NC, creating 257 jobs over five years.
Abilene Manufacturing Company Gets Help To Build New HQ
Economic development package awarded to Hartmann’s Inc. will help the manufacturer retain and create jobs in Abilene, TX.
The Automotive Sector: Adding Some Torque To Growth
Upheaval in supply chains is likely to increase in the short term, a trend that may be exacerbated by changing patterns of supply and demand, consumer-driven connectivity and alternative powertrain systems.
Dymax Investing $21.5M In North Carolina
Connecticut-based Dymax Corporation will create 59 jobs at a new advanced manufacturing facility in Gastonia, North Carolina.
Missouri Governor’s Report: Show Me Success
Gov. Mike Parson is busy building a 21st century infrastructure in Missouri with world-class logistics, a bevy of workforce development initiatives and high-speed connectivity for all.
Biotech: Finding The DNA For Success
The integration of artificial intelligence within life sciences is making drug discovery and development more innovative, less labor intensive and more cost-effective, says Deloitte’s annual global outlook.
March / April 2020 Issue (Volume 53, Number 2)
The March / April 2020 Issue features the manufacturing and automotive industries. Plus, a look at biotech, food processing, and sustainable development.
Hoosier Energy: Power To The People
Since 1989, partnerships with local communities and Hoosier Energy’s 18 member systems have resulted in more than $11.5 billion in new investments creating 50,000 new jobs.
NJEDA Launches Initiatives For Businesses Impacted By COVID-19
The initiatives will support between 3,000 and 5,000 small and midsize enterprises and are meant to complement recently announced federal economic recovery initiatives.
California Competes Tax Credits Are Awarded
The latest round of the Golden State incentives went to 14 companies who are expected to create 2,327 new jobs.
$5M In HIRE Fund Loans Awarded To Kansas Hospitality Businesses
Kansas’ new Hospitality Industry Relief Emergency (HIRE) Fund will help the state’s hospitality industry recover from the negative economic impact of the COVID-19 outbreak.
Iriapak Investing $7M In New Louisiana Packaging Film Plant
The Italian company’s first North American manufacturing facility will create 25 new jobs in New Orleans, LA.
Amazon Creating 1,500 Jobs At Two New Hampton Roads, VA Locations
The online retailer will create 1,000 jobs at a new robotics fulfillment center in Suffolk, and 500 at an import processing center in Chesapeake.
Kansas: More Than “Just A Great Place To Run Out Of Gas”
From massively talked about talent initiatives, to major business expansions and attractions, Topeka is turning the corner on economic development.
Direct Marketing Company Creating 239 New Jobs In Virginia
Moore will invest more than $31 million to establish the Richmond Print Group, a new venture in Henrico County, VA.
Lone Star Bright: Texas Boasts A Saga Of Success
From accolades and awards to jobs and investments, it looks like Texas is ringing in the new decade as fortunately as it left the last.
Seakeeper Investing $11M To Move Headquarters To Pennsylvania
The boating parts manufacturer will also expand its Berks County manufacturing operations, creating 97 new jobs.
