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Copyright 2009, M.R. Press Consulting, LLC.
Featured Case Study
Project Food Prep Co is a manufacturing relocation and expansion in Kentucky bringing 100 new positions. The company will prepare and deliver Fresh/Flash Frozen Organic Meals, Organic Breads-Pastries, Mixes and Baby Foods nationwide. The project will acquire a facility of more than 25,000 square feet into which a fully functional kitchen, bakery, training, office and warehouse distribution facility will be installed.Incentives package totaling more than $1.3 million includes:
• Refundable Income Tax Credits
• Sales Tax Refund
• Training Grants
• Property Tax Exemptions
BENCHMARKING DATA for INCENTIVE DEALS:
How Did Your Company Perform in Securing Economic Development Incentives Compared to Your Competitors?
By Michael R. Press
A new source of comprehensive incentive benchmarking data has become available from Incentives Consulting Associates (ICA) a strategic partner of M. R. Press Consulting, with headquarters in the Netherlands. ICA tracks and collects incentive data from North America and Europe where economic development incentives are most prevalent. They monitor more than 30,000 public sources of information on a daily basis--for more information please visit: http://www.icaincentives.com
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Respond to Economic Crisis with economic development incentives that instantly improve financial strength. All facilities whose outputs will change (grow or shrink) significantly as a result of rationalization of capacity, should be analyzed for government-sponsored grants and tax incentives.