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This page contains current news on business expansions and relocations.
Welspun To Build $100 Million Manufacturing Facility in Little Rock, Arkansas [ 7/13/2007 ]By: NEWS BRIEFS
LITTLE ROCK, Ark. (July 13, 2007) — The facility, once completed, will be capable of producing 300,000 net tons of tubular steel pipes annually for use in the oil and gas industry.Read The Full Article
Brunswick Corp. to Manufacture Boats in Navassa, North Carolina [ 7/13/2007 ]By: NEWS BRIEFS
NAVASSA, N.C. (July 13, 2007) — or each year the company meets required performance targets, the state will provide a grant equivalent to 60 percent of the state personal income withholding taxes derived from the creation of the new jobs.Read The Full Article
PlanetSpace Could Receive Grant to Support Facility Expansion in Columbus, Ohio [ 7/13/2007 ]By: NEWS BRIEFS
COLUMBUS, Ohio (July 13, 2007) — Ohio is in competition with Illinois, Virginia and Wisconsin for this more than $6.7 million project, which is expected to create 428 jobs within three years of the project's initial operations.Read The Full Article
Amazon to Open New 600,000 Square Foot Fulfillment Center in Phoenix, Arizona [ 7/12/2007 ]By: NEWS BRIEFS
PHOENIX, Ariz. (July 12, 2007) — The new facility will create up to 300 full-time positions this year, with an additional 1,000 to 1,300 temporary jobs during the 2007 holiday season.Read The Full Article
Belgian Biopharmaceutical Company UCB SA to Expand its U.S. Headquarters in Atlanta, Georgia [ 7/12/2007 ]By: NEWS BRIEFS
SMYRNA, Ga. (July 12, 2007) — The company will expand an existing building on its 44-acre campus on Lake Park Drive in Smyrna.Read The Full Article
Warren Screw Products to Expand Facility in Warren, Michigan [ 7/12/2007 ]By: NEWS BRIEFS
WARREN, Mich. (July 12, 2007) — The MSF acts as an intermediary between a borrowing company and lending party to lessen the cost of borrowing because the interest paid to the bond buyer is exempt from federal, state and local taxes.Read The Full Article
NAIA Receives Development Tax Credits to Facilitate its Headquarters Relocation to Kansas City, Missouri [ 7/12/2007 ]By: NEWS BRIEFS
KANSAS CITY, Mo. (July 12, 2007) — The Development Tax Credit Program is a discretionary incentive the state can offer in the form of tax credits – up to 50 percent of a donation – to eligible donors who make contributions to a not-for-profit corporation, which uses the cash to purchase certain assets and then leases them to a business.Read The Full Article
Proctor & Gamble to Expand Facility in Greensboro, North Carolina [ 7/11/2007 ]By: NEWS BRIEFS
GREENSBORO, N.C. (July 11, 2007) — P&G currently employs over 800 people in its production facilities in the Greensboro area.Read The Full Article
$116,108 in Brownfield Redevelopment Tax Credits Approved for St. Louis Organization [ 7/11/2007 ]By: NEWS BRIEFS
ST. LOUIS, Mo. (July 11, 2007) — The credits will be used to renovate and rehabilitate contaminated commercial or industrial sites that are abandoned or underutilized.Read The Full Article
Baltimore Development Corp. Offers Harford Road Site for Redevelopment [ 7/11/2007 ]By: NEWS BRIEFS
BALTIMORE, Md. (July 11, 2007) — The deadline for the submission of proposals, accompanied by a $300 non-refundable check, are due by noon on Monday, September 10, 2007.Read The Full Article
German Software Company Opens First U.S. Office in Atlanta, Georgia [ 7/11/2007 ]By: NEWS BRIEFS
ATLANTA, Ga. (July 11, 2007) — Being in Atlanta will enable Mangold to expand from the academic realm into industry, government and military technology markets.Read The Full Article
Ford Motor Company To Receive $66 Million Incentives Package to Support Facility Expansion in Louisville, Kentucky [ 7/10/2007 ]By: NEWS BRIEFS
LOUISVILLE, Ky. (July 10, 2007) — The Kentucky Economic Development Finance Authority preliminarily approved the project for up to $66 million over a 10-year period.Read The Full Article
Pennsylvania Economic Development to Provide $460,000 in State Funding for Mixed-Use Project in Newville, Pennsylvania [ 7/10/2007 ]By: NEWS BRIEFS
NEWVILLE, Pa. (July 10, 2007) — There have been over 318 community revitalization projects approved through the program since January 2003.Read The Full Article
Ohio Job Creation Tax Credits Approved to Assist Expansion Plans for Six Local Companies [ 7/10/2007 ]By: NEWS BRIEFS
COLUMBUS, Ohio (July 10, 2007) — The Job Creation Tax Credit is a refundable tax credit against the business corporate franchise or income tax.Read The Full Article
German Power Supply Company Expands Operations in Georgia [ 7/10/2007 ]By: NEWS BRIEFS
BALL GROUND, Ga. (July 10, 2007) — The company, which is the American subsidiary of Transtechnik GmbH & Co. KG, manufactures power supplies for mass transit systems such as the Las Vegas Monorail and MARTA.Read The Full Article
Brazilian Company Madem Locates First U.S. Plant in Chattanooga, Tennessee [ 7/9/2007 ]By: NEWS BRIEFS
CHATTANOOGA, Tenn. (July 9, 2007) — With four production units in Brazil and one in Spain, Madem employs 700 people and manufactures and exports to over 40 countries.Read The Full Article
$4 Million in Work Force Training Grant Funds Available From Montana Department of Commerce [ 7/9/2007 ]By: NEWS BRIEFS
HELENA, Mont. (July 9, 2007) — The state-funded program is targeted toward businesses creating at least one, net, new job that pays at least the current average county wage or the current average state wage, whichever is lower.Read The Full Article
Two Local Companies Receive $2.4 Million From Michigan Strategic Fund to Support Facility Expansions [ 7/9/2007 ]By: NEWS BRIEFS
WIXOM, Mich. (July 9, 2007) — The MSF acts as an intermediary between a borrowing company and lending party to lessen the cost of borrowing because the interest paid to the bond buyer is exempt from federal, state and local taxes.Read The Full Article
Kay Chemical to Expand its Facility in Greensboro, North Carolina [ 7/9/2007 ]By: NEWS BRIEFS
GREENSBORO, N.C. (July 9, 2007) — The Greensboro Economic Development Alliance worked closely with Kay by facilitating incentive requests and supporting the company throughout the expansion decision process.Read The Full Article
Embraer Breaks Ground for New Executive Jets Service Center in Mesa, Arizona [ 7/6/2007 ]By: NEWS BRIEFS
MESA, Ariz. (July 6, 2007) — The new facilities to be built at Williams Gateway Airport.Read The Full Article
American Prosthetic Components to Expand its Manufacturing Facility in Green Bay, Wisconsin [ 7/6/2007 ]By: NEWS BRIEFS
GREEN BAY, Wis. (July 6, 2007) — The company will receive $250,000 in Technology Zone tax credits, according to state economic development officials.Read The Full Article
Florida-Based General Tobacco to Open Manufacturing Facility in Mayodan, North Carolina [ 7/6/2007 ]By: NEWS BRIEFS
MAYODAN, N.C. (July 6, 2007) — The state will support the project with a $400,000 One North Carolina Fund grant.Read The Full Article
Microsoft Expanding Canadian Operations in Vancouver [ 7/5/2007 ]By: NEWS BRIEFS
VANCOUVER, Canada (July 5, 2007) — The Microsoft Canada Development Centre will open in the fall and will be home to software developers from around the world.Read The Full Article
British Aerospace Manufacturer Nasmyth Group to Locate North American Headquarters and Manufacturing Facility in Newberry, South Carolina [ 7/5/2007 ]By: NEWS BRIEFS
NEWBERRY, S.C. (July 5, 2007) — The company is a tier one supplier to the aerospace industry serving globally recognized corporations such as Rolls Royce, Airbus, Raytheon, and Boeing.Read The Full Article
General Mills to Expand its Yoplait Plant in Reed City, Michigan [ 7/5/2007 ]By: NEWS BRIEFS
REED CITY, Mich. (July 5, 2007) — Reed City has approved a 12-year abatement worth $5 million to support the project.Read The Full Article