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.
