San Antonio Considers Economic Development Incentives to Secure 200 Oracle Jobs

Oracle is planning to locate a new operations center in San Antonio, Texas and create 200 new jobs at the facility.

San Antonio

San Antonio (photo – sanantonioedf.com)

The San Antonio Economic Development Foundation, a non-profit organization responsible for attracting new business and jobs to San Antonio, has put together a proposal that includes $1.2 million in local incentives for Oracle.

The City of San Antonio will provide a $1 million grant, assuming the economic development agreement is approved by the City Council, which is scheduled to consider the agreement at a meeting on May 15.

San Antonio Mayor Julian Castro said these 200 Oracle jobs will be a powerful addition to the city’s fast-growing IT sector.

The Bexar County Commissioners Court has already approved a resolution to allow staff to begin negotiations with Oracle on the $200,000 grant the county would provide under their agreement with the company. After negotiations are complete, the final agreement would be brought back to the Commissioners Court in early June for their final approval.

County Judge Nelson Wolff said that Oracle’s interest in locating operations in Bexar County is proof that the economy is strong and the business climate attractive to such global companies.

Oracle chose San Antonio as the location for this project after a highly competitive site selection process involving several other sites. City Manager Sheryl Sculley said they worked diligently to present a competitive package highlighting the many benefits of locating the operations center in San Antonio.

Sculley added that Oracle’s decision to locate operations in San Antonio is a big win for the City and sets the stage for continued growth in San Antionio’s IT sector businesses and jobs.

Randy Smith, vice president of Real Estate and Facilities, Oracle, said that San Antonio offers opportunities for economic growth and a highly skilled workforce, which he said makes the City an ideal location for Oracle.

San Antonio Economic Development Foundation Chairman Steve Waters said this typically collaborative effort between the City, County, SAEDF and other economic development partners offers an environment that is highly appealing to the IT sector.

Indiana Economic Development Delegation Meets Site Selectors in New York

An Indiana delegation led by Governor Mike Pence is in New York meeting with site selection consultants and corporate executives with site selection responsibilities to discuss the possibilities of expanding or relocating to Indiana.

Gov. Mike Pence and Indiana delegation meet with site selection consultants in NYC

Gov. Mike Pence and Indiana delegation meet with site selection consultants in NYC (photo – iedc.in.gov)

The 14-member delegation includes Secretary of Commerce Victor Smith and Indiana Economic Development Corp. (IEDC) President Eric Doden.

The delegation also includes representatives from Duke Energy, Hoosier Energy, Wabash Valley Power and the Indiana Municipal Power Agency.

Also part of the delegation is Regina Emberton, president and CEO of the Michiana Partnership, a collaborative regional economic development organization serving a seven-county region in north central Indiana and south west Michigan.

Jason Hester, executive director of the Columbus Economic Development Board, is a part of the delegation. So are Indy Partnership Business Development Director Troy Whittington and Ellada Yerolemou-Hadjisavva, account manager, Economic Development at Vectren Corporation.

This is the eighth straight year that Indiana has sent a delegation to New York City to meet site location consultants and prospective companies.

Gov. Pence said that if New York is the city that never sleeps, then Indiana must be the state that never ceases its pursuit of job opportunities for Hoosiers.

The Governor added that while in New York, they are shouting Indiana’s story from the soaring rooftops – a story of a state that works for growing a business, finding a job or chasing your dreams.

In addition to the meetings with site selectors, they also hosted a special business recruitment event at Yankee Stadium.

The Indiana delegation’s trip to New York City comes amid the IEDC’s marketing campaign targeting states including New York, New Jersey, Massachusetts, Illinois and California.

Earlier this year in January, they placed a full-page advertisement in The New York Times, and followed up with digital billboard ads in the run-up to Super Bowl XLVIII in high-traffic locations around Metlife Stadium.

The IEDC has also re-launched two 15-second advertisements it had placed earlier on the CBS Super Screen in Times Square last year. These ads are now running again in Times Square until mid-June.

NYC Economic Development Corp Gets Grant From Empire State Development

The board of directors of Empire State Development, New York’s main economic development agency, announced the approval of more than $4.4 million in grants to support six projects in different regions of the state.

The New NY Works for New York City

The New NY Works for New York City (photo – regionalcouncils.ny.gov)

The grant funding will allow the recipients, including the NYC Economic Development Corporation, to leverage more than $5.6 million in additional private and public investments to improve infrastructure, support businesses and lay the groundwork for economic growth and job creation.

The NYCEDC, acting on behalf of New York City, will be using a $300,000 working capital grant awarded by ESD to pay for part of the cost of consultant fees associated with creating a “One-Stop Waterfront Permitting Resource” website.

This resource website is expected to streamline the permitting process for waterfront property owners and maritime businesses in NYC who currently have to grapple with a complex process involving many different City, State and Federal agencies.

Applicants are quite often unaware of the type of permits they need for construction, or even how to apply for them. The One-Stop Waterfront Permitting Resource website will serve as an integrator service for waterfront developers and maritime businesses seeking permits.

The website will be a comprehensive online guide for applicants, and has the primary goal of spurring waterfront development by streamlining the permitting process right from application through to approval.

Empire State Development President, CEO and Commissioner Kenneth Adams said that under the leadership of Governor Cuomo, they are making targeted investments that are supporting major economic development projects across New York State.

The other projects approved for ESD grants are:-

Genesee County Economic Development Center – GCEDC is a public benefit corporation which is planning on using ESD grants of up to $500,000 and up to $170,783 to pay for a part of the costs of acquiring additional land for the Western New York Science, Technology and Advanced Manufacturing Park (STAMP).

STAMP is a priority project for the Finger Lakes REDC, and the ESD has been involved with it for five years, having previously awarded $4.6 million in state funding for the project. The park is projected to generate up to 1,200 jobs by the end of 2016, and more than 9,300 jobs by 2032. It will position Western NY as a hub for advanced technology manufacturing.

Elmira College – Elmira College will use the ESD grant of up to $2,250,000 to fund part of the cost of construction involved in the renovation of its health sciences facility. This is a Southern Tier REDC priority project aligned with their Strategic Plan and defined strategies such as Economic Development Backbone and Health Care 2020 for improving healthcare workforce development.

Buffalo Center for the Arts and Technology – BCAT is a non-profit offering adult health sciences training to unemployed or underemployed Buffalo residents. They will be using the ESD grant of up to $800,000 to pay for part of the cost of renovating their facility to allow for expanded training opportunities.

Amsterdam IDA РThe Amsterdam Industrial Development Agency is getting an ESD grant of up to $225,000 to pay for part of the cost of constructing and renovating two vacant buildings in Amsterdam’s central business district. As part of a project to make the area more accessible and attractive for visitors and residents, AIDA is looking to acquire and renovate vacant buildings in the district that the private sector won’t restore due to the low return on investment.

Clinton County – The County will use an ESD grant of up to $200,000 to pay for a part of the cost of water supply infrastructure improvements and upgrades at Plattsburgh International Airport. The 60-year old water infrastructure at the county-owned and operated airport is desperately in need of upgrades, and inadequate water supply makes some areas at the airport unsuitable for commercial customers.

U.S. Economic Development Administration Grant Helps Ben E. Keith Expand in Arkansas

Food service products distributor Ben E. Keith announced plans to build a new and expanded 300,000-square-feet facility in North Little Rock, Arkansas.

U.S. EDA Ben E. Keith Foods expansion announcement at Arkansas State Capitol

U.S. EDA announcement at Arkansas State Capitol – $1.5 million grant to support Ben E. Keith Foods expansion in North Little Rock (photo – Arkansas Economic Development Commission)

The $60 million expansion project by Ben E. Keith Foods was secured by Arkansas with the help of a $1.5 million U.S. Economic Development Administration grant to the City of North Little Rock.

The grant funds will be used by the city to make critical energy-related infrastructure improvements, including purchase of generators and necessary equipment for installation along the major North Little Rock intersection of Highway 70 and I-440.

The added energy capacity will serve not just the expanded Ben E. Keith Foods facility, but also other existing and future projects in the area.

At the moment, the grant award by the EDA and the resultant expansion project by the company will create 74 new jobs and help retain 260 existing jobs that pay an average hourly wage of $33.75.

Governor Mike Beebe and Ben E. Keith’s leadership were joined at the Arkansas State Capitol for the announcement by Matt Erskine, EDA’s deputy assistant secretary of commerce.

Erskine said that EDA’s investment will help revitalize a portion of North Little Rock that has gone underdeveloped for years by providing the energy capacity needed to support local businesses and attract new businesses and jobs to the area.

Governor Beebe said they need infrastructure in place to accommodate growth as employers in Arkansas consider expansion, and added that the U.S. Economic Development Administration makes major expansions like this one possible.

North Little Rock Mayor Joe Smith attributed their successful efforts to secure the retention and expansion of the Ben E. Keith Regional Headquarters to three factors – the availability of a great site with superior transportation advantages; collaborative and innovative city, state and federal governments; and a cooperative company with a fantastic workforce.

Ben E. Keith Foods President Mike Roach said they are delighted at the progress of their plans to construct this state-of-the-art distribution center in North Little Rock.

The new facility will also serve as the company’s Mid-South Regional Headquarters, and additionally consolidates another facility they have at the Port of Little Rock.

Boston’s Late Night Task Force Looks at Ways to Expand Nightlife

Boston Mayor Martin J. Walsh has herded a diverse group that includes restaurant and bar owners, business leaders, law enforcement and students into a Late Night Task Force.

Boston late night service

Boston late night service (photo – cityofboston.gov)

This task force, launched last month, has already held two meetings and is looking at ways for fostering and growing a safe and vibrant nightlife culture in Boston.

Mayor Walsh said there is an opportunity here to create the kind of nightlife that visitors expect in a world-class city.

The Mayor added that they are thinking globally, and by engaging with a wide variety of stakeholders and the community, will be able to explore new ways for making Boston a more engaging and exciting place to visit, study, live and work.

The Late Night Task Force is comprised of 24 members, including students from different universities, restaurant owners, business leaders, and Massachusetts Restaurant Association President and CEO Bob Luz; Boston University Dean of Students Kenneth Elmore; Massport Chief Development Officer Jim Doolin; Chloe Ryan, manager of the ONEin3 Program; Police Sergeant (Det.) Robert Mulvey of the Boston Police Department; and PricewaterhouseCoopers Senior Associate Sidney Baptista.

One of the founding co-chairs of the task force is John Fitzgerald, senior project manager at the Boston Redevelopment Authority, the official Boston economic development and planning agency. The other co-chair is Rory Cuddyer, special assistant to the Mayor’s Chief of Staff.

At the moment, they’re busy examining ways in which the Boston nightlife and late night culture can be improved.

To be specific, they are looking at identifying neighborhoods and business districts that are favorable for later closing hours and the attendant public safety requirements. They are also looking at things such as liquor and entertainment licenses and late night transportation access where expanded service may help in the growth of nightlife businesses.

They’re working with Harvard Kennedy School students who have analyzed how other cities famed for their nightlife have approached the goal of expanded late night activities, in addition to mapped-out crime and liquor license statistics, street lights, and surveys of young people and information about which parts of the City they live in.

The task force will be launching its pilot late night services later this summer. One pilot program to expand MBTA service was launched on March 28 with support from Massachusetts Governor Deval Patrick and the MBTA, and financial sponsorships from The Boston Globe and other business groups.

Under this pilot program, which is expected to cost $20 million (not accounting for the sponsorships and offsetting fares), all subway lines, light rail and the 15 key bus routes in Boston will be running until 2:30 a.m. on every Friday and Saturday.

The need for expanded late night services is apparent from the fact that more than 18,000 people used the MBTA system on the first late-night weekend.

Mahindra USA Technical Center Project Creating 112 Jobs in Michigan

Mahindra USA, Inc. is opening a new technical center in the City of Troy, Michigan. The Mahindra North American Technical Center project is expected to create 112 new jobs.

Mahindra

Mahindra (photo – mahindrausa.com)

The technical center will be designing, developing and prototyping complete vehicle designs to facilitate Mahindra & Mahindra’s expansion into automotive markets worldwide.

Mahindra North American Technical Center, Inc. will operate as wholly owned subsidiary of Mahindra USA, Inc., which in turn is owned by Mumbai, India-based Mahindra & Mahindra.

The new division in Troy will be housed in a recently renovated facility, and the company will invest $2 million to establish the technical center and create the 112 professional and engineering services jobs.

The project was secured with the help of a package of state and local incentives. The Michigan Economic Development Corporation has approved a $500,000 performance-based grant for the project under the Michigan Business Development Program.

The City of Troy is additionally offering local incentives in the form of nine-year personal property tax abatement.

Mahindra Group Chairman Anand Mahindra said that Michigan has provided them with the perfect eco-system for stepping up their U.S. presence. He said they were able to draw on Michigan’s terrific automotive engineering and manufacturing talent to create industry leading initiatives for the U.S.

Michigan Economic Development Corporation President and CEO Michael A. Finney said that Governor Snyder’s hands-on involvement in meeting with Mahindra executives was persuasive in their efforts to demonstrate Michigan’s singular advantages as a place for locating a business.

Gov. Snyder also gave welcoming remarks at an inauguration event last week for the company’s GenZe scooter facility in Ann Arbor.

Back in December, the MEDC had announced another $300,000 grant in support of Mahindra’s GenZe electric scooter manufacturing project in Ann Arbor where the company is investing $2 million and creating 34 new jobs.

Finney added that Mahindra is a global leader with diverse operations spanning industries such as automotive, financial services, aerospace and agri-business, and said they thank this world-class company for choosing to expand in Michigan.

Mahindra & Mahindra is a $16.7 billion multinational group with more than 180,000 employees in over 100 countries. Mahindra USA, which first established its presence in the United States in 1994, has focused for the last 20 years on manufacturing and distributing tractors and other farming equipment.

Connecticut Launches Economic Development Ad Campaign

Governor Dannel P. Malloy unveiled a new economic development ad campaign which aims to highlight the advantages of doing business in Connecticut.

CTforBusiness ad campaign

CTforBusiness ad campaign

The TV spots (see ad videos) build on the state’s “Still Revolutionary” marketing platform.

Gov. Malloy said this new phase of their effort to encourage economic growth makes it clear that Connecticut can be a destination for and home to innovative companies.

The high-profile people featured in the ads range from top leaders of Fortune 100 companies to owners of Main Street businesses that are going global. They talk about Connecticut’s strengths as a business destination, focusing on things such as innovation, location, talent and support.

The ads feature a host of business leaders from different sectors. It begins as an invitation for viewers to “Meet the Real Job Creators,” and then lets each of featured leaders explain why they have grown their business in Connecticut.

Datto Inc. CEO Austin McChord, CIGNA Select President Chris Hocevar and Evay Cosmetics Owner Vivian Akuoko team up in one of the spots to explain what their respective companies are doing, and why they’re doing it in Connecticut.

McChord explains they’re able to do this in Connecticut because of the passion for innovation, and then Hocevar picks it up to add that it’s because there’s such a talented workforce. Akuoko wraps it up by saying that it’s because the state really supports entrepreneurs.

The ads end with a spotlight on the 50,000 new jobs created and a call for viewers to visit CTforBusiness.com.

Connecticut Economic Development Department Commissioner Catherine Smith said that the leaders and companies showcased in the ads, and thousands of others in the state just like them, are the engines that keep Connecticut running.

Commissioner Smith added that they are proud that the state has undertaken a dedicated campaign for enabling the successes of businesses like these through innovative programs and support.

The ad campaign, which has started airing and will run through June, was created in-state by Avon, CT-based Adams & Knight, a woman-owned integrated marketing agency. Adams & Knight worked on the project in partnership with Middletown-based production company Content Pictures. Norwalk-based Media Storm handled the media placement.

Daisy Brand Sour Cream Facility a Sweet Win for Northeast Ohio Economic Development

Daisy Brand broke ground on their third U.S. sour cream production facility in Wayne County, Ohio. This is their first plant east of the Mississippi, and will enable the company to better serve its Midwest and East Coast markets.

Daisy Brand President Vincent Taylor speaking at groundbreaking in Wooster, OH

Daisy Brand President Vincent Taylor speaking at groundbreaking in Wooster, OH (photo – jobs-ohio.com)

The company is investing $116 million to build the 200,000-square-foot facility, and expects to create 89 new jobs at the facility with an annual payroll of $4.5 million.

The ground-breaking ceremony was attended by dignitaries including Ohio Governor John R. Kasich, Daisy Brand President Vincent Taylor, Wooster Mayor Bob Breneman and Wayne Economic Development Council President Rod Crider.

Also attending the ceremony was John Minor, president and chief investment officer for JobsOhio, the non-profit Ohio economic development agency.

Minor recognized the collaborative local, regional and state efforts that helped secure the projects and bring new capital investment and 89 new jobs to Wooster, OH.

He noted that Ohio faced stiff competition from several other states in the Midwest for this project. Minor noted that the Daisy Brand groundbreaking is a great example of Ohio’s success through their new “one-firm, one-state” economic development approach.

Daisy Brand announced the choice of Wooster, OH as the location of their new facility in June 2013 after a rigorous site selection process that took a year and considered sites across four states.

Daisy Brand President Vince Taylor said that factors which helped them locate the new facility in Wooster include the strategic location and the ability to move product quickly, along with abundant availability of clean water and ready access to a quality supply of cream.

The company is receiving state incentives in the form of job creation tax credits for 10 years, along with local incentives including tax abatements and infrastructure improvements.

Team Northeast Ohio CEO Tom Waltermire said they are pleased to welcome Daisy Brand to the thriving cluster of food processing companies that recognize the advantages of doing business in Northeast Ohio.

Waltermire said the strength of the dairy and agricultural sectors in the region, along with related world-class research capabilities and manufacturing expertise are a unique recipe for success.

He also noted that Team NEO and the Wayne Economic Development Council, along with their partners at JobsOhio, worked together for making Daisy Brand aware of the regional assets and depth of talent available for filling the new jobs the company is bringing to Northeast Ohio.

NYC Economic Development Corp Awards $50K to Industrial Growth Initiative Winners

The New York City Economic Development Corporation announced the three winners of the Industrial Growth Initiative, each of whom was awarded $50,000 to execute the business growth plans that won them the awards in the first place.

NYCEDC Industrial Growth Initiative

NYCEDC Industrial Growth Initiative (photo – nycedc.com)

The Industrial Growth Initiative is funded by the NYCEDC and was executed with assistance from Next Street, a merchant bank established to provide expertise to growing companies in urban markets.

The participants were put through two phases of workshops which preceded the business plan competition.

The three winners, P.A.C. Plumbing, Heating and Air Conditioning; Casa Kids; and Joya, were selected from a group of 14 finalists based on the impact of their proposed business growth plan, its feasibility and their ability to implement it.

Out of the 33 participating businesses that completed the first phase of workshops, only 14 entered the second “Future Focus” phase after a screening process that took into consideration what business insights they gleaned from the first phase.

These 14 participants in the second phase were then put through the grinder with the help of Next Street, in the process learning to assess and improve their business practices and leadership styles.

P.A.C. Plumbing is a disabled veteran and family-owned and operated plumbing and HVAC company based in Staten Island. Casa Kids is a Brooklyn-based company which designs and fabricates children’s furniture out of their facility in Red Hook. Joya, also located in Brooklyn, designs and produces scented artifacts such as perfumes and home ambiance.

Eric Campione, chief administrative officer of P.A.C. Plumbing, said the initiative really helped him mold the business plan into an ultimate guide that will now boost the company’s growth and increase the workforce.

Campione thanked the NYC Economic Development Corp. and Next Street for providing this opportunity to help keep business growth in the City.

Roberto Gil, owner of Casa Kids, likewise noted that it was extremely gratifying to receive the award and feel that manufacturing in New York City is still possible.

Frederick Bouchardy, founder and owner of Joya, also thanked Next Street and NYCEDC, and said he and his company are honored to be among the winners and are looking forward to implementing their growth plan and making the City proud.

This year’s competition was a follow-up round to the successful pilot program that kicked off last year and ultimately awarded $50,000 each to three businesses РKings County Jerky Co.; KD dids Inc.; and Kombucha Brooklyn.

Helped at least in part by their win, these three companies have since managed to leverage a combined total of $360,000 in additional funding, and have created a total of 26 new full-time and part-time jobs.

NYC Economic Development Corp. President Kyle Kimball said he looked forward to this year’s winners implementing their plans for growth as they contribute to the City’s important industrial sector.

The NYC industrial sector includes more than 50,000 companies which employ in excess of 500,000 people.

Medical Sciences Company Picks Discovery Ridge in Missouri for $50M Production Facility

The Missouri Department of Economic Development announced that high-tech medical sciences company Northwest Medical Isotopes has selected the Discovery Ridge research park in Columbia, MO for establishing a $50 million production facility.

Northwest Medical Isotopes site location in Discovery Ridge Research Park, Columbia, MO

Northwest Medical Isotopes site location in Discovery Ridge Research Park, Columbia, MO (photo – nwmedicalisotopes.com)

The company plans to build a 50,000-square-foot facility in Discovery Ridge, and will be creating 68 high-paying jobs.

Mike Downing, director of the Missouri Economic Development Dept, said that the state’s low taxes and quality education system which produces a highly skilled workforce continues to attract companies such as Northwest Medical Isotopes.

At this new facility, Northwest Medical Isotopes will produce molybdenum-99, an isotope used to produce technetium-99m, which in turn is used in medical diagnostic tests for everything from cancer and heart disease to organ function.

Northwest Medical Isotopes CEO Nicholas Fowler said Discovery Ridge is the ideal location for their commercial production facility. Fowler also mentioned that Missouri has an experienced workforce and is home to world-class medical research resources, and a strategic location that provides access to critical markets across the country.

Access to the University of Missouri was another factor which helped the company select Discovery Ridge. The Research Park, which is owned by the University of Missouri System, was established as part of the University System Office of Research and Economic Development’s efforts to link research and commercialization originating from the system’s four campuses with emerging and existing firms across the state.

Steve Wyatt, University of Missouri Vice Provost for Economic Development, said that health care facilities can’t be effective if they do not have the necessary diagnostic tools. Wyatt said that addressing this long-term issue will allow doctors to continue providing the best care for patients from all over the state.

The Northwest Medical Isotopes project was secured through a collaborative effort involving the State of Missouri, Regional Economic Development, Inc. (REDI), University of Missouri, City of Columbia and Boone County.

The Missouri Department of Economic Development pitched in with tax incentives under the Missouri Works Program. These incentives are tied to the company meeting its investment and job creation commitments.

REDI Chair Vicki Russell said they are excited about this announcement, which provides another excellent example of how economic development succeeds as a result of strong collaboration between Mizzou, the city and county.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250  Scroll to top