Tax Credits

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


Tea Company’s First South Carolina Plant To Create 100+ Jobs

Milo’s Tea Company will invest $130 million to establish its first South Carolina operations in Spartanburg County, creating 103 new jobs.
Florida Business

The Sunshine State Is Bright For Business

Florida offers a thriving economy and competitive cost of doing business­­, coupled with a top-ranked labor force and pro-business climate.
Louisiana Customized Workforce Training

Louisiana Leads States In Customized Workforce Training

In Business Facilities’ 18th Annual Rankings Report, Tennessee is rated tops in Recovery Leaders and Wyoming takes Best Business Tax Climate.
Camp Hall, Santee Cooper, SC

Camp Hall: Business Benefits Of This Next-Generation Commerce Park

Discover the abundant business benefits of this next-generation commerce park, Camp Hall, which offers advantages for your business.
West Bend, WI

Milwaukee Tool Will Create 1,000 More Jobs Across Wisconsin

Milwaukee Tool will invest $206 million in nine locations; Wisconsin will support the company's expansion with up to $22.5 million in additional performance-based tax credits.

The Automotive Industry: Driven To Success

Since the 2003 opening of Nissan’s assembly plant in Canton, Mississippi has been a key player in the automotive industry.
Arrowhead Pharmaceuticals Verona, WI

Arrowhead Pharmaceuticals Breaks Ground On Wisconsin Facility 

Arrowhead will receive up to $16M in tax increment financing from the city of Verona, and up to $2.5M in tax credits from the Wisconsin Economic Development Corporation (WEDC).
Fulton County, New York

State Focus: A New York State Of Mind

New York State can offer a lot of alternatives to businesses, depending on what section of the state they are considering.
Summit Polymers Lawrenceburg Kentucky

Summit Polymers Will Invest $37.5M In Kentucky

Tier-one automotive supplier Summit Polymers will locate its third Kentucky facility in Anderson County, and create 218 new jobs.
Oklahoma Manufacturers

Oklahoma Legislation Supports Manufacturers Impacted By Covid

HB4451 will help Oklahoma manufacturing companies impacted by the Covid-19 pandemic. In Durant, BrucePac kicks off a $22.5 million expansion project.
Bionutrients

$50M Specialty Fertilizer Manufacturing Facility To Be Built In Indiana

Hello Nature and MPS Egg Farms joint venture Bionutrients will build two facilities, employ nearly 50 workers, in Wabash, IN.
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.
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. 
Opportunity zones

Opportunity Zones: Boom Or Bust?

Opportunity zones allow investors with unrealized capital gains to sell those assets and reinvest the gain in a QOZ with a bigger after-tax return.
Request Foods

Request Foods To Create Nearly 200 Jobs In Michigan

Food products supplier Request Foods will invest $205 million to expand at multiple locations in Holland, MI, boosting the state’s agribusiness industry.
Tyson Foods

Tyson Foods To Create More Than 375 Jobs In Virginia

Food company Tyson Foods will invest $300 million in a new 325,000-square-foot manufacturing facility in Danville-Pittsylvania County, VA.
Nash County, NC

Crump Group To Create 160 Jobs In North Carolina

The Crump Group, a Canadian pet treats manufacturer, will invest $13.2M to establish its first U.S. production facility in Nash County, NC. 
Milliman, Market Tower, Indianapolis

International Consulting Firm Growing Central Indiana Operations

Milliman Inc. will add nearly 100 jobs and invest more than $6 million to lease and furnish office space in the Market Tower office building in downtown Indianapolis.
Muncie, Indiana

CANPACK Selects Indiana For Second U.S. Plant

Poland-based packaging manufacturer CANPACK will invest $380 million and create 345 jobs at its new aluminum beverage can manufacturing plant in Muncie, IN.
Intel, Rio Rancho, New Mexico

Intel’s $3.5B Investment To Create 700 Jobs In New Mexico

Intel will expand its fabrication facility in Rio Rancho, NM to create a domestic hub for advanced semiconductor manufacturing.

Rankings & Awards

Micron, Intel, Chevron Phillips, Hyundai Top 2022 Deals Of The Year

The annual Business Facilities Deal of the Year awards have expanded to recognize four winning project announcements.
2022 State of the Year

North Carolina Is Business Facilities’ 2022 State Of The Year

North Carolina is named Business Facilities’ 2022 State of the Year, the second time the state has been recognized for this top honor.

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.