Tag: Tax Credits

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

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.

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

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

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

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.

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

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.

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

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.

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

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

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

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

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

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

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

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.