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.
Submissions will be accepted for Business Facilities’ 2020 Deal of the Year Awards until December 7, 2020. Awards will be announced in 2021 and featured in the January/February 2021 issue of Business Facilities.
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.
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.
Highway guardrail manufacturer SPIG Industry, LLC's expansion in Washington County, VA will create 113 new jobs.
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, an exterior building product company, will create 38 jobs at its new production facility in Rocky Mount, NC.
The wood flooring manufacturer plans to install innovative technology and create 20 new jobs at its Somerset, KY facility.
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.
Purina's new Williamsburg, OH factory will support the company's long-term growth and employ more than 300 people by 2024.
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.
The United Kingdom’s largest kitchen retailer will create a total of 360 new jobs at two locations in Luzerne County, PA.
In locations throughout the nation, advanced manufacturing facilities and resources are being enlisted in the fight against COVID-19.
Locations are nurturing startup ecosystems with access to skilled labor, angel investors, higher ed resources and an affordable quality of life that is attracting talent.
INCOG BioPharma Services will invest $60M to establish its first manufacturing facility and global headquarters in Fishers, IN.
Learn how Opportunity Zones are becoming prime investment opportunities for capital gains and how new IRS guidelines will impact on your plans for a QOZ near you.
The baby food maker will expand its Fremont, MI manufacturing facility, creating 50 new jobs in the process.
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.
The footwear and apparel company's new regional distribution hub and corporate office will create 75 new jobs in Fort Worth, TX.
Fiberglass in-ground pool manufacturer Leisure Pools and Spas North America will establish operations and create 200 new jobs in Marion County, SC.
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.
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.
Cutting-edge global players in advanced manufacturing are flocking to New Mexico for its superior logistics and one of the fastest border crossings.
Through two popular incentive programs, the North Carolina Department of Commerce tailors grants to help attract jobs and the company making an investment.
The Israeli renewable energy company will invest $1.1 million to establish its U.S. subsidiary base in Arlington, VA, creating 33 new jobs.
The self-driving vehicle pioneer will invest $8.5 million to expand software development operations in Blacksburg, VA.
The Texas-based mattress company will establish a new production facility in La Porte, IN, creating 350 jobs.
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.
Meat processing startup Cajun Traditions Food Processors will establish a meat processing and packaging facility in Church Point, LA, creating 35 jobs.
The wireless network operator will invest $30 million to relocate one of its Customer Experience Centers to Henrico County, VA.
To support its Midwest growth, the tortilla maker will establish a new 510,965-square-foot manufacturing facility in Plainfield, IN.