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.
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.
SimpliSafe Creating 572 New Jobs In Virginia
The producer of self-installed home security systems will invest $5.5 million to establish a new customer support center in Henrico County, VA.
Freshpet Investing $264M In New Texas Manufacturing Facility
The new pet food manufacturing facility will create 427 new jobs in Ennis, TX with help from a Texas Enterprise Fund (TEF) grant.
Who Will You Meet At LiveXchange?
If your company has active or ongoing site selection projects, you can't afford to miss LiveXchange, the biggest show of the year for site selectors.
Ports And FTZs: Tidal Wave
The economic impact of U.S. seaports has a far reach, extending from the direct to the indirect and beyond. There are an estimated 2.2 million jobs that depend on ports.
Subaru Investing $158M In Indiana Expansion
The automotive company plans to create up to 350 new jobs at its Lafayette, IN manufacturing operations by the end of 2023.
Data Center Industry Locations: Data-Driven Growth
As the demand for data continues to expand exponentially, new data centers are being built on sites closer to consumers (also known as “edge” locations) and modular, pre-fab units are speeding construction.
Sherwin-Williams Investing At Least $600M In Ohio
The company will build a new a new global headquarters in downtown Cleveland and a new R&D center in Brecksville, creating an estimated 400 news jobs.
Your Time To Register For LiveXchange Is Running Out!
If your company is planning a corporate expansion or relocation project, then you can't afford to miss LiveXchange. Registration closes in 30 days!
Panacea Medical Technologies Opening First U.S. Facility In Indiana
The India-based medical device manufacturer will create up tp 65 jobs in Noblesville, IN by the end of 2023.
Top Utilities: Power To The People
New electric generating capacity in 2020 will come primarily from wind and solar, with renewables making up 76 percent of the 42 gigawatts that will be added.
E.I. Williams Creating 100 Manufacturing Jobs In Louisiana
The Canadian industrial sound-control equipment manufacturer will invest $700,000 in the Webster Parish project.
Silver Award: 2019 Economic Development Deal Of The Year
Commerce, GA will be the home of SK Innovation’s lithium battery plant, which will build advanced batteries for hybrid and fully electric vehicles for VW and other OEMs.
Business Facilities LiveXchange: Will We See You In Charlotte?
Only 15 spots remain for this year's Business Facilities LiveXchange event, April 19-21, 2020 at The Ballantyne Hotel & Lodge, Charlotte, NC.
Misfits Gaming Group Relocating HQ To Palm Beach County
The esports and gaming company will invest more than $1.35 million in its new corporate headquarters in Boca Raton, FL, where it will create 30 new jobs.
Contour To Add Airline Base At Indianapolis International Airport
The Tennessee-based regional airline's new nonstop routes will create up to 55 new jobs in central Indiana by the end of 2023.
UPS To Create 1,700 New Jobs Across Pennsylvania
The package delivery and supply chain management solutions company will invest at least $1.4 billion to expand its operations to four locations in Pennsylvania.
U.Group To Create Up To 100 Jobs In Central Indiana
The digital consulting company has selected Indiana for its first Midwest operation, and will create the new, highly-skilled jobs by the end of this year.
GreenCore Materials Investing $10M In South Carolina
The plastics manufacturer will create 74 new jobs at a new manufacturing plant in Georgetown County, SC.
Eli Lilly And Company Investing $470M In North Carolina Expansion
Indiana-based Eli Lilly and Company will create more than 460 new jobs at its new manufacturing pharmaceutical facility in Durham, NC.
Macedon Technologies To Create 147 Jobs In Virginia
The software firm will invest $1.65 million to expand its corporate headquarters in Reston, VA.
Michigan Strategic Fund Projects Will Create More Than 740 Jobs
Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.
Toyota Announces Additional $700M Investment In Indiana
Toyota Motor Manufacturing Indiana will complete the modernization project at its Princeton operations, and add 150 more new jobs.
Fiat Chrysler To Invest $400M In Indiana Transmission Plant II
The global auto manufacturer will expand and retool its Kokomo, IN manufacturing operations for production of a new engine.
$1B Ammonia Plant Coming To Greater Houston
The investment by Gulf Coast Ammonia LLC, Air Products, and Eastman Chemical Company will build the world’s largest single-train ammonia synthesis loop in Texas City, TX.
DuPont Investing $75M In Modernization Of Virginia Plant
The company will modernize and expand its manufacturing and technology operations in Chesterfield County, VA, creating 60 jobs.
Aircraft Solutions Investing Nearly $100M In North Carolina
The company will create 475 jobs at a new subsidiary at North Carolina’s Global TransPark to recycle aircraft parts and materials.
Squarespace Creating More Than 150 Tech Jobs In NYC
The tech company will expand its global headquarters into new space in the West Village, growing its New York City presence 20 percent by 2022.
