Business Incentives

The Right Place, Inc., along with local and state partners in the City of Grand Rapids, approved a Michigan Strategic Fund (MSF) incentive for the Knight Transportation project.

Financial assistance and incentives are approved for four companies that will invest $254 million and create 241 new jobs.

Galderma’s expansion will include the addition of a 100,000-square-foot facility, a $22 million capital investment and the creation of 342 new jobs.

Honda Manufacturing of Indiana, LLC will invest $52 million in its Greensburg, IN facility to enhance job training and add production of the Honda CR-V.

The recent consolidation of food industry giants via mega-mergers is not slowing the exponential growth of major food processing hubs.

San Jose, CA-based PayPal, Inc. will invest over $3.6 million in a 400-job global operations center in Charlotte, NC by the end of 2017.

Photonics company Avogy will move its headquarters from Silicon Valley to Rochester; Together with Photonica, will locate advanced development and early manufacturing at Eastman Business Park.

ADP chose to locate the new facility in Norfolk because of the thriving business climate in the city and Virginia.

Legacy One will be one of the only data centers in Texas that qualifies for House Bill 1223, which can provide industry-leading data center sales and use tax abatements for large data center users across their servers, power, infrastructure and operations.

On a statewide bus tour, Gov. Rick Scott hails Florida’s success creating new jobs, calling for $1 billion in tax cuts and the creation of a $250-million Florida Enterprise Fund.

A Texas Enterprise Fund (TEF) grant of $9.75 million has been offered to the San Francisco-based healthcare services and IT company.

The Fort Wayne logistics hub will provide easy and affordable access to the Great Lakes/Midwest region and beyond.

Louisiana is strengthening initiatives to help existing employers grow through its LED Business Expansion & Retention Group, while stepping up efforts to site emerging business opportunities from key investors in the Americas and across the globe.

Business Facilities 2015 Economic Development Deal of the Year contest attracted a record number of project submissions from across the country, seven of which were singled out for a tip of the hat by our judges.

The Bronze Award winner in BF’s 2015 Economic Development Deal of the Year competition will generate an estimated $17.7 billion in economic impact for the region over the next 10 years.

Greater Houston Partnership snares a coveted 4.1-million-square-foot campus with a unique proposal utilizing an online site-selection app and intense data crunching.

More Than A Bakery, LLC plans to build a $57.1 million facility in Versailles, KY. The bakery and distribution facility will employ 310 people.

Arthrex, a global medical device company in orthopaedics, is expanding in Ave Maria, FL and will create more than 350 jobs at the 218,000-square-foot manufacturing facility.

Wayfair, Inc. has selected Bryan-College Station in the Research Valley region of Texas for its new customer service center, which will employ approximately 450 employees.

The Crimson Tide is rolling, big time, and now it’s brought in our top honor: Alabama is BF’s 2015 State of the Year.