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

Thanks to recently-approved Grow NJ tax credits, two food companies are considering projects that could create more than 150 new jobs and invest over $15M in distressed communities.


https://businessfacilities.com/2017/09/new-jersey-tax-credits-encourage-job-creation-investment/
Thanks to recently-approved Grow NJ tax credits, two food companies are considering projects that could create more than 150 new jobs and invest over $15M in distressed communities.

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.


New Jersey Tax Credits Encourage Job Creation, Investment

Thanks to recently-approved Grow NJ tax credits, two food companies are considering projects that could create more than 150 new jobs and invest over $15M in distressed communities.

Midwest Fertilizer Investing $2.8B In Southwest Indiana

The company plans to create up to 185 new jobs at a new state-of-the-art manufacturing plant in Posey County, IN.

American LandMaster Expanding in Indiana

The designer and distributer of off-road utility vehicles is moving its operations from Louisiana, bringing up to 67 new jobs to Columbia City, IN.

Global Forklift Manufacturer Expanding In Indiana

Crown Equipment Corporation will add a second facility in Greencastle, IN, creating up to 100 new jobs by 2021.

Bearing of the Green

A new study reignites the never-ending debate on the value of economic development incentives.

MD Logistics Expanding Indiana Pharmaceutical Distribution

The third-party logistics firm will invest more than $3.7 million and create up to 50 new jobs at its Hendricks County facility this year.

Green Circle Health Picks Indiana For Client Services Center

The healthcare tech company will locate a new Client Services Center in Carmel, IN, creating up to 125 new jobs by 2022.

AB BioTechnologies Investing $10.5M In Indiana

The drug development company will add contract manufacturing services to its Bloomington, IN operations, creating up to 33 new jobs.

Indiana RV Manufacturer Expanding In LaGrange County

Forest River will invest $6.7M to expand into three facilities totaling 450,000 square feet, creating up to 425 new jobs by 2019.

Steel Manufacturer Expanding At Port Of Indiana

Ratner Steel Supply is investing $8.83M to double the size of its operations at the Port of Indiana-Burns Harbor in Portage, creating up to 37 new jobs by 2019.

Tax Credits Help New Jersey Manufacturers Create Jobs

Three manufacturing projects expected to create a total of 390 jobs have been approved to receive tax credits under the Grow New Jersey Program.

Recycling Joint Venture Investing $300M In Indiana

The joint venture between U.S. Energy Logistics and GEP Fuels will invest $100 million in a new recycling center and $200 million in a plastics-to-diesel facility, both in Carroll County.

Kohl’s To Create 300 Jobs At New Indiana Distribution Center

The national retailer is joining the state's logistics industry with a new e-commerce distribution center in Plainfield, IN.

Snapshots: 60 Seconds with Michele Brown, Choose New Jersey, Inc.

Michele Brown, President and CEO, Choose New Jersey, Inc. discusses incubators, innovation zones, STEM education, incentives and the Garden State in a post-Panamax world.

Sallie Mae Chooses Indiana For Expansion

The Delaware-based company is expanding in Indianapolis, investing more than $15.7 million and creating nearly 300 new jobs by 2018.

Silicon Valley Tech Firm Relocating HQ To Indiana

Determine Inc. CEO cites Indiana’s workforce, strong technology sector, centralized location, and quality of life as factors in the move.

Pet Food Maker Will Create Up To 165 Jobs In Indiana

Blue Buffalo Pet Products will invest more than $100 million to build a new pet food manufacturing facility in Richmond, IN.

RV Manufacturer Doubling Production in Indiana

Highland Ridge RV, a manufacturer of towable RVs, will expand its operations in LaGrange County, IN, creating up to 65 new jobs by 2019.

Indiana Electrical Grid Management Firm Adding 80+ Jobs

MISO Inc., an independent regional electric transmission organization, is expanding its headquarters in Carmel, IN, creating up to 84 new high-wage jobs by 2020.

Bell Inc. To Invest $30M In Ohio Carton Manufacturing Facility

Bell Inc. will open its first eastern-U.S. facility in Central Ohio and create 275 new jobs, generating $9.2 million in new annual payroll. The Sioux Falls, SD-based company will invest $30 million in a 165,000-square-foot paperboard carton manufacturing facility in the Columbus area.

Rolls-Royce Investing Nearly $600M In Indiana

Rolls-Royce plans to invest nearly $600 million in its operations and research in Indianapolis over the next five years.

Snapshots: 60 Seconds… With Michael Finney, President And CEO, Michigan Economic Development

Michigan Economic Development's president and CEO provides insight into the state's incentives and investments in large and small businesses.

Giving and Getting

A report on one state's use of huge tax credits to lure or retain businesses provokes some thoughts on diminishing returns.

Tower Manufacturer Moving Texas Operations To Indiana

Nello anticipates additional expansion of its corporate headquarters in downtown South Bend and expects the completion of the relocation to take place over the next year and a half.

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