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Expansion Management.com E-News for August 23, 2006

Welcome! The weekly Expansion Management Newsletter is produced by the EM editors. This e-newsletter provides business executives with the information they need to successfully find the best location for a future facility.

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In This Newsletter:
1. Shoe Carnival to Build $40 Million Corporate Headquarters and Distribution Center in Evansville, Indiana
2. Avon Automotive Receive $5.3 Million Tax Credit to Upgrade Two Plants in Michigan
3. Freudenberg Texbond LP Announces $10 Million Expansion of its Facility in Macon, Georgia
4. New Breed Logistics Will Receive Enhanced Enterprise Zone State Tax Credits in Kansas City, Missouri
5. Recent facility expansions and relocations

1. Shoe Carnival to Build $40 Million Corporate Headquarters and Distribution Center in Evansville, Indiana
The IEDC offered incentives including up to $20,000 in training grants, up to $200,000 in infrastructure assistance to the local community and approximately $2 million in tax credits based on job creation and capital investment.
READ MORE


2. Avon Automotive Receive $5.3 Million Tax Credit to Upgrade Two Plants in Michigan
The Michigan EDC approved a Single Business Tax credit valued at more than $5.3 million over seven years to help win the company’s investment.
READ MORE


3. Freudenberg Texbond LP Announces $10 Million Expansion of its Facility in Macon, Georgia
The Macon location will be eligible for state tax credits and Quick Start training, as well as local property tax abatements for the new building and equipment.
READ MORE


4. New Breed Logistics Will Receive Enhanced Enterprise Zone State Tax Credits in Kansas City, Missouri
The New Breed Logistics, Inc. EEZ will have a five-year lifespan and will receive up to $233,380 in tax credits for the creation of 62 new jobs at an average wage of $24,581 and new investment of more than $3.5 million.
READ MORE


5. Recent facility expansions and relocations
Cummins, Inc. to Open Technical Center in China … Belgian Company IPS USA Chooses Charleston, West Virginia for First U.S. Facility Location … and other short news briefs involving companies that have recently expanded or relocated facilities.
READ MORE

Expansion/Relocation Help:
Directory of Econ. Dev. Organizations
EM Info.org
How to Evaluate Locations
Request Information
Ready Real Estate

Read more articles on these topics:
Business Expansion vs. Relocation
Competitiveness
Economic Development
Environmental Considerations
Health Care Costs
Incentives
International Expansion
Logistics Infrastructure
Military Base Re-Use
Off-Shoring
Public Education
Quality of Life
Real Estate
Rural & Small City Development
Smart Growth & Sprawl
Taxes & Spending
Utilities
Work Force

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Copyright 2006
Expansion Management
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