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Expansion Management.com E-News for February 7, 2007

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. Google to Build $600 Million Data Center in Lenoir, North Carolina
2. Auto Parts Manufacturer Vico Products Receives $1.6 Million Tax Exempt Bond to Support Michigan Facility Expansion
3. PharMerica to Locate Corporate Headquarters in Louisville, Kentucky
4. Air Logistics to Expand its Facility in New Iberia, Louisiana
5. Recent facility expansions and relocations


1. Google to Build $600 Million Data Center in Lenoir, North Carolina
For each year that the company meets the required performance targets, the state will provide a grant equal to 75 percent of the state personal income withholding taxes derived from the creation of new jobs.
READ MORE


2. Auto Parts Manufacturer Vico Products Receives $1.6 Million Tax Exempt Bond to Support Michigan Facility Expansion
The funding will be used for the acquisition and installation of machinery and equipment.
READ MORE


3. PharMerica to Locate Corporate Headquarters in Louisville, Kentucky
The Kentucky Economic Development Finance Authority preliminarily approved Kindred Pharmacy Services, Inc. for tax benefits up to $8 million under the Kentucky Jobs Development Act.
READ MORE


4. Air Logistics to Expand its Facility in New Iberia, Louisiana
The company was offered a $946,250 infrastructure incentive package through the Louisiana Economic Development Award Program.
READ MORE


5. Recent facility expansions and relocations
Magma Design Automation Expands Operations in Bangalore, India and San Jose, California … Economic Development Incentives Help City Brewing Co. to Buy, Reopen Vacant Brewery in Latrobe, Pennsylvania … Advanced Coating Technologies to Expand Manufacturing Facility in New York … and other short news briefs involving companies that have recently expanded or relocated facilities.
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Expansion Management

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