Business Incentives | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

Wisconsin lands a foreign direct investment bonanza that promises to create 13,000 new jobs over the next five years at a new 20-million-square-foot LCD panel plant.


https://businessfacilities.com/2018/02/2017-economic-development-deal-year-gold-award-wisconsin/
Wisconsin lands a foreign direct investment bonanza that promises to create 13,000 new jobs over the next five years at a new 20-million-square-foot LCD panel plant.

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.


2017 Economic Development Deal of the Year: Gold Award

Wisconsin lands a foreign direct investment bonanza that promises to create 13,000 new jobs over the next five years at a new 20-million-square-foot LCD panel plant.

Aisin Drivetrain Investing $16M In Indiana Expansion

The Japan-owned manufacturer of automotive and heavy equipment parts will expand its Crothersville, IN operations, creating nearly 50 jobs.

2017 State Of The Year: South Carolina

The Palmetto State’s manufacturing base gets stronger while South Carolina invokes its can-do spirit and leverages impressive resources to expand a diverse set of new growth sectors.

International Paper Boosts Alabama Investment Over $522M

The company will increase its planned investment in its Riverdale Mill in Selma, AL as part of a strategic plan to grow its industrial packaging business.

NAI Investing $2.7M, Creating 139 Jobs In Michigan

After considering several states and Mexico for the expansion project, North American Interconnect, LLC will invest $2.7 million and create 139 job in Livingston Township and the city of Troy, MI.

Tru-Tone Finishing Creating 120 Jobs In Kentucky

The family-owned company will invest $4.6 million in a new e-coating facility in Lexington, its first in the state.

Zeus Industrial Products Expanding In South Carolina

The polymer extrusion manufacturer will create more than 350 new jobs in Calhoun County, SC.

PAC Creating Over 160 Manufacturing Jobs In Pennsylvania

The manufacturer of flexible packaging will invest more than $28 million to expand into the greater Bethlehem area.

Industrial Hemp Operation Will Create 271 Jobs In Kentucky

AgTech Scientific will invest $5 million in a state-of-the-art, 50,000-square-foot hemp-products development and manufacturing facility in Paris, KY.

Innovative Vehicle Solutions Expanding In South Carolina

The custom commercial vehicle builder will create 108 new jobs in Charleston County, SC.

Amazon Reveals 20 Finalist Cities For HQ2

From among the 238 proposals to host its second headquarters in North America, Amazon has selected the 20 cities still in contention for the $5B HQ2 and its 50,000 high-paying jobs.

Apple To Invest $350B In U.S. Over Next Five Years

Investments will concentrate on direct employment by Apple, spending and investment with domestic suppliers and manufacturers, and fueling the fast-growing app economy created with iPhone and the App Store.

Tobacco Company Expanding In Myrtle Beach Region

Over the next five years, Laudisi Enterprises, Inc. plans to add 35 employees at its Horry County, SC operations.

Canada Investing Over $33M In Automotive Growth

Eleven companies in Ontario, Quebec and British Columbia will receive support from the federal government to advance automotive tech, create more than 2,600 jobs.

Silgan Containers Expanding In Pennsylvania

North America’s largest metal food packaging manufacturer is investing $15 million to expand into the Lehigh Valley.

Collateral Damage

Experts are warning that the fine print in the new tax law may include some bad news for economic development initiatives and infrastructure projects.

Truck Manufacturer Expanding In Virginia

Amthor International will invest $7.1 million to expand its manufacturing operations in Gretna, VA, creating 90 news jobs over five years.

Assurant Expanding In Pennsylvania, Creating 307 Jobs

Assurant will invest approximately $4 million to support the growth of its mobile phone repair business, with help from Pennsylvania grants and tax credits.

Beverage Manufacturer, Distributor Relocating HQ To Indiana

Blue Marble Cocktails and Spirits is investing more than $9 million to relocate its Oregon-based headquarters and manufacturing operations to Indianapolis, IN.

Mohawk Industries Announces $10M Virginia Expansion

The flooring products manufacturer is expanding its Glasgow, VA manufacturing operation, creating 15 new jobs with help from the commonwealth’s Opportunity Fund.

Interstate Group LLC Creating 83 New Jobs In Virginia

The cargo trailer manufacturer will invest $4.1 million to establish an East Coast manufacturing and distribution operation in Giles County, VA.

North Carolina Lands Triangle Tyre’s First U.S. Manufacturing Plant

The China-based tire maker will create 800 jobs and invest nearly $580 million at an advanced manufacturing megasite site located in Kingsboro, NC.

Foxconn Mega-Project Is Business Facilities’ 2017 Deal Of The Year

The $10.7-billion LCD panel production facility is expected to bring a bonanza of 13,000 new jobs to Wisconsin.

Tidewater Boats Growing In South Carolina

The new Lexington County facility will produce larger boats and generate 100 new jobs.

South Carolina Is Business Facilities’ 2017 State Of The Year

The Palmetto State takes BF's top honor by doubling down on its solid manufacturing base while diversifying into new growth sectors.

Booz Allen Hamilton Relocating Offices To Bethesda

The global technology consulting and engineering firm will retain about 750 employees with help from the Maryland Economic Development Assistance Authority and Fund.

Aerospace Company Investing $55M In North Carolina

Spirit AeroSystems North Carolina, Inc. will expand its Kinston, NC operations with help from a performance-based grant from Lenoir County.

Takigawa Corp. Japan Establishing First U.S. Operation In Kentucky

The packaging manufacturer will invest nearly $46 million and create 180 full-time jobs in Bardstown, KY.

Mississippi: A Winning Recipe

Mississippi has all the right ingredients when it comes to stimulating corporate growth and success.

A Blueprint For Success In Rural Colorado

At least 17 communities across Colorado will be involved in initiatives that include branding, coworking, film production, outdoor recreation and tourism promotion.

Iowa: Moving To The Top Of The Class

Iowa is aiming to add 120,000 residents with post­secondary degrees to its workforce by 2025.

Global Technical Systems To Create 1,110 New Jobs In Virginia Beach

GTS will invest $54.7 million to build a 500,000-square-foot green energy facility, with help from an assortment of state grants, tax credits, and workforce training. 

PropertyGuys.com Expanding In New Brunswick, Canada

Canada’s largest private-sale real estate network is expanding its business services center in Moncton, New Brunswick, creating up to 30 jobs with support from the province.

Subaru Plans Up To 200 New Jobs In Indiana

The company will invest more than $140 million in its Lafayette, IN plant to support production of its new three-row SUV, the Subaru Ascent.

Stay connected

462FansLike
84FollowersFollow
40,000FollowersFollow
3,140FollowersFollow
32SubscribersSubscribe

Featured Location Spotlight

Location Spotlight: Topeka, Kansas

With three top universities in the area and connectivity via major interstates, Topeka, Kansas is rich with opportunity. Visit the GO Topeka Economic Partnership to learn more.

Featured Location Videos

Economic Development at Ameren

At Ameren, we're focused on bringing value to the customer - and for new businesses in our two-state service area - our Economic Development team is the search engine. They have the technical resources, access to data and the connections with communities to provide answers.