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

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 Incentives articles below.

Opportunity Zones

Opportunity Zones: Window Of Opportunity

October 7, 2019

The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S.

Qualified Opportunity Zones (QOZs)

Understanding Opportunity Zone Guidelines

October 7, 2019

Just as with any planning technique, comparison of the potential benefits of Qualified Opportunity Zones to other tax deferral or elimination strategies remains crucial.

Lexington Kentucky

Tru-Tone Finishing Creating 120 Jobs In Kentucky

February 5, 2018

The family-owned company will invest $4.6 million in a new e-coating facility in Lexington, its first in the state.

Kobe Aluminum In Bowling Green, KY Breaks Ground On Second Expansion

May 16, 2013

Japanese-owned automotive supplier to invest an additional $66 million in the state; company will add 100 jobs.

Business Facilities & COVID-19

Top 10 Issues Affecting The Real Estate Industry

Surveys & Research July 7, 2020

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

Biotech & Pharma July 6, 2020

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.

Featured Location Spotlight

Location Spotlight: Ohio Electric Cooperatives

April 9, 2018

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.

Featured Location Videos

BF Location Video: Georgia Ports Authority: Celebrating 75 Years

March 13, 2020

On March 9, 1945 the Georgia Legislature, anticipating the post-World War II economic boom, created the Georgia Ports Authority, with control over the deepwater ports in both Savannah and Brunswick. Today, the Port of Savannah is the fastest-growing and single largest container terminal in the country, accounting for nearly 10% of Georgia’s economy.

Breaking News

Frito-Lay Investing $200M In Georgia Expansion

Food Processing July 10, 2020

New York-based snack maker Frito-Lay will expand its operations in the City of Perry, GA, creating 120 new jobs in Houston County.

GE Investing $62M In Kentucky Expansion

Manufacturing July 9, 2020

GE Appliances will expand production at its Appliance Park manufacturing complex in Louisville, KY. The project will create 260 new jobs.

CoffeeTech Industries Investing $56M In Texas

Corporate Headquarters July 9, 2020

The coffee company will build a new headquarters and manufacturing facility in Seguin, TX, where it will create more than 90 new jobs.

Most Read

SiO2 To Invest $163M In Alabama Expansion

Biotech & Pharma July 6, 2020

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.

GE Investing $62M In Kentucky Expansion

Manufacturing July 9, 2020

GE Appliances will expand production at its Appliance Park manufacturing complex in Louisville, KY. The project will create 260 new jobs.

CoffeeTech Industries Investing $56M In Texas

Corporate Headquarters July 9, 2020

The coffee company will build a new headquarters and manufacturing facility in Seguin, TX, where it will create more than 90 new jobs.

Facility Management

Facility Executive – Creating Intelligent Buildings

In New York State, Arena Improved From Top To Bottom July 10, 2020
The renovation of Upstate Medical University Arena at Onondaga County War Memorial facility in Syracuse, NY improved the fan experience from the seats, to the restrooms, and more. - Read: In New York State, Arena Improved From Top To Bottom at FacilityExecutive.com.
The Role Of Data In Transforming The Post-COVID Workplace July 10, 2020
Integrated workplace management systems (IWMS) are helping facility management leaders to gain a clear understanding of how to plan and utilize workspaces, for safety of occupants. - Read: The Role Of Data In Transforming The Post-COVID Workplace at FacilityExecutive.com.
HidraLink Video Wall Software July 10, 2020
HidraLink software is designed to take any open application, or applications, on a Windows PC and display them on a video wall, providing businesses a first line of defense against the spread of Coronavirus via transparent temperature monitoring. - Read: HidraLink Video Wall Software at FacilityExecutive.com.

About Us

Business Facilities highlights area economic development and site selection news from around the world. Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.

Business Facilities is a leading full-service media brand specializing in the site selection marketplace. Through a bi-monthly magazine, e-mail newsletters, a news portal, and its LiveXchange event, Business Facilities has created a dynamic community for C-level executives and economic development organizations.

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