Section 232 Tariffs on Medium-Heavy Duty Trucks, Cabinetry, Furniture and Pharmaceuticals Announced U.S. President Donald Trump announced recently that medium and heavy duty trucks imported to the U.S. will face a 25 percent tariff beginning on November 1st. Key trading partners including Mexico, Canada, Germany, Japan and Finland are anticipated to be most impacted by …
For European companies eyeing US expansion, the path can seem daunting. From complex regulatory requirements to operational challenges, the barriers to entry are significant. However, with the right partner, these obstacles become manageable steps in your growth journey. Here’s how Maxis Advisors transforms these challenges into opportunities: Strategic Location Selection: The Foundation of Success One …
August 14, 2024 Facility to Create 20 Jobs, Bring $13M in Investment CLINTON, Ark. (August 14, 2024) – The State of Arkansas announced today that Wild Pastures, a national grass-fed and pasture-raised meat delivery service, is expanding into Arkansas. The company’s move into a 138,000-square-foot facility in Clinton will create 20 new jobs over the next …
For Immediate Release Aug. 13, 2024 $5.5 million investment will create 33 new jobs COLUMBIA, S.C. – US Brick, a closely held manufacturer and direct supplier of residential and commercial brick, today announced it is expanding its Richland County operations. The company’s $5.5 million investment will create 33 new jobs. Founded as Carolina Ceramics in …
James M. Pleasants Company Inc. (JMP), a major distributor and sales representative for HVAC, plumbing, and other industrial equipment, will consolidate its Greensboro operations into a new facility, creating 40 jobs and investing $30 million in the City of Greensboro and Guilford County. JMP was established in 1958 and is headquartered in Greensboro, NC. Today …
ATLANTA – June 12, 2024 – Today, the Georgia Department of Economic Development announced that Lee Kum Kee, a global name in Asian sauces and condiments, will invest up to $288 million in a new manufacturing facility in LaGrange, creating up to 267 jobs in Troup County over the next several years. The facility will …
JEFFERSON PARISH, La. – Construction and design leader RNGD, a Palmisano company, announced it is investing approximately $25 million to consolidate its Southeast Region manufacturing operations, training center and corporate headquarters in Jefferson Parish as part of an aggressive growth strategy. RNGD expects to create 130 direct new jobs and retain more than 240 existing …
What are Economic Development Incentives for Businesses? An economic development incentive is generally known as cash or non-cash (tax benefits, in-kind support) assistance provided by federal, state, and local governments. These incentives are employed to attract or retain business operations within their jurisdiction. Incentives come in many forms, from financial support to in-kind-support, and tax …
The recent 7.2 magnitude earthquake in Taiwan has spotlighted implications as it relates to the global supply chain. Taiwan is home to many chipmakers; Taiwan Semiconductor Manufacturing Co (TSMC) is the world’s largest contract chipmaker, and a major supplier to brands like Apple. In fact, most semiconductor manufacturing is done in southeast Asia. The United …
The pecan processing facility would bring 120 jobs to Dothan By Business Alabama Staff March 11, 2024 New Mexico-based Southern Roots Nut Co. plans to open a pecan processing facility in Dothan, creating 120 jobs. The company chose Dothan over a competing location in Georgia. The company will invest $16.6 million to outfit an existing …
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