As we head into August, we hope you all are enjoying a nice (and cool) summer! We look forward to seeing many of you at SCEDA in August! Call on us anytime if we can be of help to you.

ALABAMA

  • Alabama's manufacturing sector ranked favorably by industry publication, Birmingham Business Journal (July 27, 2017)
    Business Facilities Magazine graded Alabama favorably in terms of its training programs, automotive industry and manufacturing activity.

Read the full Birmingham Business Journal article here.

  • CSX lists S. Alabama site for fast-track development, RailwayAge (July 27, 2017)
    CSX has designated the South Alabama Mega Site in Bay Minette, Alabama as a CSX Select Site.

Read the full RailwayAge article here.

MICHIGAN

  • Column: Tesla debacle will haunt state, The Detroit News (July 25, 2017)
    Tesla Motors plans to build a new factory for its Model Y crossover SUV, which could translate into thousands of manufacturing jobs. Michigan is not on the list for the site of the plant.

Read the full The Detroit News article here.

  • US states vie big Foxconn display panel factory, Akron Legal News (July 27, 2017)
    Taiwanese electronics maker Foxconn's plan to build a display panel factory in the United States has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize.

Read the full Akron Legal News article here.

NORTH CAROLINA

  • Davidson County industrial park lands European company with plans for 770 jobs, News & Record (July 25, 2017)
    One of the biggest economic development projects in Triad history was announced Monday with Austrian furniture and flooring industry supplier, Egger Wood Products, committing to a $700 million project in Davidson County.

Read the full News & Record article here.

  • CLT soccer bid faces potential $30M stadium shortfall, Charlotte Business Journal (July 25, 2017)
    One of the county commissioners supporting the use of taxpayer money for a Major League Soccer stadium told CBJ that Mecklenburg will not commit anything more than the city government.

Read the full Charlotte Business Journal article here.

  • Sales and use tax refund for transformative projects, North Carolina Department of Revenue (July 28, 2017)
    The Sales and Use Tax Division has issued an important notice regarding sales and use tax refunds on transformative projects which was effective on July 1, 2017.

Read the full important notice here.

  • Sales and use tax exemption for large fulfillment facilities, North Carolina Department of Revenue (July 28, 2017)
    The Sales and Use Tax Division issued a notice on the sales and use tax exemption for large fulfillment facilities which was effective on July 1, 2017.

Read the full important notice here.

OHIO

  • Ohio offered Foxconn more than Wisconsin's $3 billion, Cincinnati Business Courier (July 29, 2017)
    Wisconsin's $3 billion incentive package for Foxconn was $1 billion less than that offered by Ohio.

Read the full Cincinnati Business Courier article here.

SOUTH CAROLINA

  • High-tech hometown success story: Stephanie Yarbrough discusses Blackbaud's growth in Charleston in new magazine article, wcsr.com (July 21, 2017)
    Blackbaud, one of the world's leading technology companies, broke ground on its new international corporate headquarters in Charleston, which is expected to create 300 new jobs.

Read the full wcsr.com article here.

  • South Carolina Department of Revenue outlines per capita income figures, SC Department of Revenue (July 28, 2017)
    The South Carolina Department of Revenue (DOR) published an information letter outlining per capita income figures for the State.

Read the full Information Letter here.

WISCONSIN

  • Concerns increase in Wisconsin over deal for Foxconn plant, Midland Daily News (July 26, 2017)
    Concerns are increasing among lawmakers and others in Wisconsin over what incentives the state may offer to become the first U.S. home of Taiwanese electronics giant, Foxconn.

Read the full Midland Daily News article here.

  • Wisconsin's lavish lure for Foxconn: $3 billion in tax subsidies, The New York Times (July 27, 2017)
    Foxconn's plans for a $10 billion factory in Wisconsin comes with a heavy price tag for taxpayers: $3 billion in state tax credits that dwarf the typical incentive package companies receive from local governments.

Read the full New York Times article here.

  • A blind proposal, a summons to Washington and a jet trip: Wisconsin's drive to win Foxconn, The Charlotte Observer (July 31, 2017)
    The Milwaukee 7 regional economic development group received a "request for proposal" forwarded by state officials, from a consultant for an unidentified company looking for a factory site.

Read the full Charlotte Observer article here.

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