Tax Incentives and Grants Consulting
Cutting cash costs and increasing Return On Investment (ROI) are critical to every business, especially during difficult economic times. However, even when times are good, your company cannot afford to overlook opportunities to improve the bottom line with tax incentives, grants and other economic development incentives offered by federal, state and local governments in return for its investments. M.R. Press Consulting (MRPC) Grants and Tax Incentives practice is focused on assisting companies in obtaining maximum value from such economic development incentives.
In the current economic crisis, state and local governments hosting company facilities will be anxious about losing jobs and highly motivated to do whatever they can to retain or increase jobs and general economic activity. All facilities whose output could change (grow or shrink) as a result of rationalization of capacity, should be analyzed for government-sponsored Grants and Tax Incentives.
MRPC approaches government before announcements or commitments are made in order to maximize the grants and tax credits offered in return for continuing and/or increasing local business activities. We create "managed competition" among all competing locations. Trigger events include:
| Consolidations | Major Capital Expenditures | Relocations |
| Expansions | New Job Creation | R&D Spending |
| Rationalization of Facilities | Personnel Reorganization | Training or Retraining |
M.R. Press Consulting has the experience and resources to complement those of your company at each critical step to assure maximum delivered value with minimum disruption to on-going activities. See a list of the clients we have served and incentive opportunities that may exist in your industry.
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:
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