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SoftBank-Backed Construction Technology Startup Katerra Set to Close

Pro Builder

It laid off hundreds of employees last year and neared bankruptcy. The company also faced an investigation into its accounting practices by the Securities and Exchange Commission and by its board of directors, according to The Information. Off-Site Construction. SoftBank also did not return a request for comment. Read More. .

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Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA

Buisness Facilities Contributed Content

The Elio Motors manufacturing facility will occupy approximately 1 million square feet of the more than 3 million-square-foot, former GM site. Industrial developer Stuart Lichter, who has acquired other former GM sites, will buy the 530-acre Shreveport site in conjunction with Elio Motors and lease portions of the site to other tenants.

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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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Sustainable materials will be used in the National Support Center facilities, and the project is designed to incorporate energy-efficient heating and cooling systems and on-site renewable energy sources. The new SSA Data Center, situated atop a pastoral landscape, will blend seamlessly into the surrounding site.

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State by State Incentives Guide

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Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Types of Capital Credit projects include: New Project or Expansion Project: Consists of new investment at a new site in Alabama, or new investment that will expand the capacity and the number of employees at an existing facility. The law allows more than one project on the same site.

Income 75
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Meltdown

Business Facilities

Next week, the Georgia Public Service Commission will hold public hearings to discuss the fate of the Vogtle nuclear expansion project, the last remaining active nuclear-power expansion effort in the U.S. In their August recommendation to continue the project, Southern Co. to take over daily construction, replacing Fluor Corp. In its Sept.