article thumbnail

Modular Builder VBC On the Verge of $25-Million Buy for Katerra Assets

Pro Builder

Volumetric Building Companies (VBC) is in the final stages of a $25-million bankruptcy acquisition of Katerra’s former headquarters in Tracy, Calif. Katerra was founded in 2015 as a startup that brought design, manufacturing, and building construction under one roof, initially in a manufacturing facility in Phoenix, Ariz.,

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.

Metro 111
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Sales and Use Tax Exemptions: Alabama also has statutory exemptions from sales and use tax: Raw materials used by manufacturers or compounders. Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ. Pollution control equipment. Quality control testing and donations to charitable entities.

Income 108