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Expansion Management.com E-News for September 20, 2006

Welcome! Expansion Management's weekly eNewsletter is produced by the editors of EM in order to provide business executives with news items featuring facility expansions and relocations of other companies, as well information about incentives and other assistance those companies may have received from local and state economic development organizations.

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In This Newsletter:
1. FedEx Ground to Locate Distribution Hub in Indianapolis, Indiana
2. Pennsylvania Announces $8 Million in Economic Development Loans to Support Business Facility Expansions Around the State
3. HF Technologies Relocates Manufacturing Facility From Beijing to Rochester, New York
4. Farmland Foods, Inc. Will Receive Enhanced Enterprise Zone State Tax Credits in Kansas City, Missouri
5. Recent facility expansions and relocations


1. FedEx Ground to Locate Distribution Hub in Indianapolis, Indiana
The value of the new five-year lease is estimated at more than $3.2 million.
READ MORE


2. Pennsylvania Announces $8 Million in Economic Development Loans to Support Business Facility Expansions Around the State
In its 50-year history, the authority has invested $2.3 billion, which has leveraged an additional $7.2 billion in local and private capital, to build more than 300 industrial parks and business incubators in the commonwealth.
READ MORE


3. HF Technologies Relocates Manufacturing Facility From Beijing to Rochester, New York
The city of Rochester is providing a $30,000 grant for building renovation expenses and a $200,000 low-interest equipment loan.
READ MORE


4. Farmland Foods, Inc. Will Receive Enhanced Enterprise Zone State Tax Credits in Kansas City, Missouri
The program will help support economic development efforts and create jobs by providing state and local benefits to companies that expand or locate in the zone.
READ MORE


5. Recent facility expansions and relocations
Economic Development Officials Announce Nearly $2.2 Million in Job Training Incentives to Seven New Mexico Companies … Belgian Plastics Packaging Company to Open $25 Million Manufacturing Facility in South Carolina … and other short news briefs involving companies that have recently expanded or relocated facilities.
READ MORE


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Expansion Management

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