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.
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.
California Dreamin’
A network of leaders came together at the California Economic Summit to help make sure that opportunity and a sustainable environment are watchwords for growth in the Golden State.
ENF Technology Chooses Texas For U.S. Headquarters
The South Korean company will invest $45 million in its new Kyle, TX headquarters and advanced manufacturing facility, where it will initially employ up to 50 employees.
Zantech IT Services Creating 120 Jobs In Virginia
The technology solutions company is expanding its corporate offices in the Tysons area of Fairfax County, VA.
Great Lakes Forest Products Creating Sister Company In Indiana
The lumber manufacturing company will invest $7 million to establish a new spinoff in Bristol, IN, creating up to 100 new jobs.
Rosendin Electric Bringing 84 Jobs To Pflugerville, TX
The electrical contract company is investing $3 million to relocate its facilities in Texas and California to a 50,000-square-foot facility.
Metal Powder Products Investing $1.5M In Indiana
The Noblesville-based metal parts manufacturer is relocating a manufacturing division from Ohio to Indiana.
Scholle IPN Packaging Investing $10M In Virginia
The sustainable packaging solutions manufacturer will expand its facility in Smyth County, VA, creating 42 new jobs.
Atlas World Group Expanding Indiana HQ
Atlas World Group Inc. will invest more than $1.1 million to expand its Evansville, IN headquarters, adding up to 75 new jobs by 2023.
Aerospace Industry: The Sky’s The Limit
Commercial aircraft production and military defense spending will directly affect the growth trajectory of the aerospace and defense industry in 2019.
