Business Incentives

Resource pages for "Business Incentives"-related posts for economic development professionals, corporate site selectors and site consultants.


U.S. Virgin Islands

Seeking Paradise In The U.S. Virgin Islands

As a United States territory, the U.S. Virgin Islands offers companies looking for a new place to grow a plethora of impressive business advantages in a tropical paradise.
Sherwin-Williams Iredell County NC

Sherwin-Williams To Invest $324M In North Carolina Expansion

Paint and coatings manufacturer Sherwin-Williams will create an additional 200 jobs in Iredell County, NC, nearly doubling its current workforce. 
Virginia Best Business Climate

2021 State Of The Year: Virginia — Best Overall Business Climate

With a skilled workforce, a business-friendly environment, great universities and a highly desirable standard of living, Virginia is at the top when it comes to best business climate.
Tennessee Best Deals

2021 State Of The Year: Tennessee — Best Deals

With a number of major commitments, Tennessee had a banner year in terms of deal-making last year. That’s why it was named Business Facilities’ state with the Best Deals for 2021.
Tyson Foods Kentucky

Tyson Foods Breaks Ground At New Kentucky Bacon Plant

New $355 million Tyson Foods facility will produce Wright and Jimmy Dean brand bacon and create 450 jobs in Bowling Green, KY.
Jenny Massey Sikich

Sikich Adds Economic Development Consulting Services

Global professional services firm Sikich has hired Jenny Massey to lead the firm’s new economic development consulting practice.
Amazon Fulfillment Center Cumberland County, NC

Amazon, Eli Lilly To Bring 1,100 Jobs To North Carolina

Amazon will establish a distribution center in Cumberland County, NC; Eli Lilly will invest $1B in a pharmaceutical manufacturing facility in Concord.
Quadrant Magnetics Kentucky

Quadrant Building $95M Magnet Manufacturing Facility In Kentucky

New $95 million Quadrant magnet manufacturing facility will create 200 jobs in Louisville, KY, provide rare-earth magnets for electric vehicle motors.
Boom Supersonic Aircraft Piedmont Triad International NC

Boom Supersonic Chooses North Carolina For New Manufacturing Plant

Boom Supersonic will manufacture its new supersonic passenger aircraft, Overture, at Piedmont Triad International Airport, creating more than 1,750 jobs.
General Motors Expansion Michigan Gov. Whitmer

Historic $7B General Motors Investment To Create EV Future In Michigan 

GM project will create 4,000 and retain 1,000 jobs, and includes converting GM Orion Township assembly plant to build full-size EV pickups; building Ultium’s 3rd US battery cell plant in Lansing.
Lockport Components

General Motors Will Invest $154M In New York Electric Motor Facility Upgrade

GM will renovate its Western New York Lockport Components plant, where it will manufacture electric motor components for electric trucks and SUVs. 
Lehigh County, Pennsylvania

Spot & Tango Bringing 100 Manufacturing Jobs To Pennsylvania

Pet health and wellness company Spot & Tango will open its first manufacturing facility in Lehigh County, PA this summer. 
ACT, Shreveport, LA

New ACT Customer Care Center Will Create 600 Jobs In Louisiana

Advanced Call Center Technologies will invest $1.5 million to develop the customer care center in Shreveport, LA.
Chief Buildings, Lancaster County, SC

Chief Buildings Bringing Over 100 Jobs To South Carolina

Metal building system maker Chief Buildings will invest $22 million to establish a manufacturing operation in the Charlotte, NC region.
Celadon Development Corporation, Chesapeake, VA

$267M Joint Venture Will Create 210 New Jobs In Virginia

The new paperboard recycling and production facility, Celadon Development Corporation, will be located at the Chesapeake Deepwater Terminal site in the City of Chesapeake, VA.
HWI Alabama One AL1

HarbisonWalker International Investing $25M To Create Alabama One

HWI will convert its closed Fairfield, AL plant into an advanced refractories manufacturing hub for southern U.S. steelmakers.
Orem, UT

LiveView Technologies To Invest Over $328M In Utah Expansion

The cloud-based software company will bring up to 3,400 new high-paying jobs to its Orem, UT headquarters in 10 years.
Exact Sciences Madison, WI

Exact Sciences Commits $350M To Wisconsin Expansion

Cancer screening and diagnostics company Exact Sciences will create 1,300 jobs at its new Madison, WI facilities.
Iron Ox, Lockhart, TX

Iron Ox Growing In Texas

Iron Ox will invest $120 million in its new one million-square-foot facility, to be built in the City of Lockhart, TX.
Louisiana film production

Louisiana Is Built For Film And TV Production

Louisiana’s many advantages­ — including incentives, facilities and skilled crews — attract major productions.

Rankings & Awards

March / April 2022 Issue

March / April 2022 Issue (Volume 55, Number 2)

Business Facilities' March / April 2022 issue focuses on the global supply chain, logistics, foreign direct investment, industrial parks, manufacturing, life sciences, and more.
Virginia Business Climate Award

Virginia’s El Koubi Accepts 2021 State of the Year—Best Overall Business Climate Award

Business Facilities magazine recognized the Commonwealth of Virginia for its commitment to building a strong business environment in 2021.

Stay Connected

636FansLike
40,000FollowersFollow
3,221FollowersFollow
50SubscribersSubscribe

Business Facilities Featured Location Spotlight

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.

Business Facilities Featured Location Videos

[VIDEO] Made Possible in Lehigh Valley

The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.