article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Entered By: Georgia Department of Economic Development. The auto giant’s decision to put the $26-million center in Roswell has earned the Georgia Department of Economic Development our Economic Development Deal of the Year Bronze Award. “I General Motors’ project in Georgia will generate an estimated direct economic impact of $1.6

Deals 107
article thumbnail

Bakery Company Chooses Kentucky For Third Location

Buisness Facilities Contributed Content

The 250,000- to 300,000-square-foot facility will employ 310 people and produce cookies, crackers and other items by contract for major food brands and retailers. The Richmond plant is bursting at the seams and isn’t easily adapted for current production methods, and the Georgia facility has had 200 percent growth in two years.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. The dedicated technology hub will help accelerate the Fortune 50 company’s technology transformation, serving as the epicenter for the team Lowe’s is hiring to help modernize its IT systems and build future retail experiences.

article thumbnail

2020 Aurora Awards Winners: Multifamily, and Project of the Year

Pro Builder

NOVEL Atherton adds a significant amount of new rental apartment units and retail space to Charlotte's historic South End neighborhood. The retail space adds 60,000 square feet and is home to 15 high-end retailers, a blend of locally owned shops, and highly curated national retailers. . Category: Project of the Year.

article thumbnail

Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

The new facility in Georgia is the third of four IT innovation hubs the auto giant is opening in the U.S. Spearheaded by the Georgia Department of Economic Development (GDEcD), the GM project will directly create 838 jobs and have an estimated direct economic impact of $1.6 billion over the next 10 years.

Deals 105
article thumbnail

FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Georgia Department of Economic Development. In New York City, Long Island and Westchester County, businesses must be start-ups or high-tech companies. billion.

Indiana 108
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108