Tax Credits | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The manufacturer will invest $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to Grayson County, VA.


https://businessfacilities.com/2020/06/metalworx-relocating-hq-manufacturing-facility-to-virginia/
The manufacturer will invest $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to Grayson County, VA.

Tax Credits

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Tax Credits articles below.


Metalworx Relocating HQ, Manufacturing Facility To Virginia

The manufacturer will invest $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to Grayson County, VA.

POINT Biopharma Investing $25M In First U.S. Manufacturing Facility

The pharmaceutical company will establish its first U.S. manufacturing facility in Indianapolis and plans to create more than 100 new, high-wage jobs by the end of 2024.

Italian Stainless Steel Company Picks Indiana For North American HQ

INOX Market Service will invest $15 million to establish its North American headquarters in Delaware County, IN, creating up to 101 jobs by the end of 2024.

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.

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.

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.

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.

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.

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.

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.

Allpax Products Investing $7M In Louisiana

The food and pharmaceutical equipment-maker will build a new 80,000-square-foot headquarters, manufacturing center in St. Tammany Parish.

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.

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. 

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.

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.

Freightliner Custom Chassis Expanding In South Carolina

The vehicle chassis manufacturer will invest more than $13.9 million and create 193 new jobs in Cherokee County, SC.

Nice-Pak Products Adding 90 Jobs In Indiana

The New York-based wet wipes manufacturer will expand its operations in Mooresville, IN with help from up to $900,000 in conditional tax credits from the state.

Data Center Company First To Qualify For New Illinois Tax Incentive

STACK INFRASTRUCTURE will be the first company to make use of Illinois’ new sales tax exemption on equipment purchases at its Chicago data center campus.

United Alloy Building $35M Manufacturing Facility In Texas

The metal fabrication and powder coating company will create at least 100 new jobs at its new 200,000-square-foot manufacturing facility in Seguin, TX.

Solomon Group Creating 86 Jobs With Louisiana Expansion

The New Orleans event and exhibits company will tap into the state’s Entertainment Job Creation Program.

PerceptIn Relocating Global HQ To Indiana

PerceptIn will conduct R&D for its autonomous low-speed electric vehicles (LSEVs) and create up to 160 new, high-wage jobs at the Indiana IoT Lab – Fishers by 2022.

Axiom Group Inc. Bringing 250 Jobs To Ohio

The Canadian automotive supplier will invest $20 million to establish a new manufacturing facility in Toledo, OH, its first U.S. facility.

BrightFarms Investing $21M In North Carolina

The packaged salads company will create 54 jobs at a hydroponic greenhouse in Etowah, NC.

Illinois: A Talent Pool With World-Class Skills

The Land of Lincoln offers a highly educated workforce and a logistics network that is hard to match.

LifeNet Health Investing $18M In Indiana Biologics Facility

The Virginia-based regenerative medicine company will create up to 127 new jobs in Hendricks County, IN by the end of 2023.

SmileDirectClub Investing $36M In Texas Dental Manufacturing Lab

The new high-tech dental manufacturing lab in Kyle, TX will create 850 new jobs, with help from the Texas Enterprise Fund.

Gordon Food Service Creating Over 400 New Jobs In Indiana

The food service distributor will expand in Indiana with a new 500,000-square-foot warehouse facility at the NorthPoint Industrial Park in Westfield.

High Purity Systems Investing $8.5M In Virginia Expansion

The mechanical piping systems company will expand its manufacturing operations, creating 105 new jobs in the City of Manassas.

Digital Media: New Mexico Is Ready For Player One

New Mexico, already a thriving location for TV and motion picture production, aims to become the go-to place for video game development.

Hoosier Logistics Doubling Indiana Workforce In Multi-City Expansion

The logistics and supply chain management provider will invest more than $5.65 million to grow its operations and buy new equipment over the next five years.

Sequel Wire And Cable Investing $53M In Indiana

The wire fabrication startup will establish operations in Marshall County, IN, and expects to create 120 new jobs by the end of 2024.

Faith Technologies, Excellerate Manufacturing Expanding In Kansas

The new 450,000-square-foot facility in Olathe, KS is expected to add more than 780 positions over the next few years.

Henkel Investing $45M In North Carolina Operations

With help from economic development investment grants, the adhesives and consumer goods maker will invest in new equipment and improvements at its Salisbury, NC facility.

RADA Technologies Plans New HQ In Maryland

The aerospace and defense electronics company will add 80 new jobs in Montgomery County by December 2023.

Sub-Zero Group Investing $70M In Wisconsin Expansion

The premium appliance manufacturer will create 100 jobs as it adds a 350,000-square-foot R&D facility in Fitchburg.

Navistar To Invest $125 Million In Alabama

The commercial truck and bus manufacturer’s expansion will bring an additional 145  jobs to Huntsville, AL.

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.

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.

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.

Business Facilities & COVID-19

Top 10 Issues Affecting The Real Estate Industry

COVID-19 and economic renewal top The Counselors of Real Estate's list of issues expected to have the most significant impact on real estate in 2020-2021.

SiO2 To Invest $163M In Alabama Expansion

In response to a contract to supply the federal government with COVID-19 vaccine vials, SiO2 Materials Science will create 220 jobs at its Auburn, AL facility.

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