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Manufacturers Economic Development

World Law Group

Doing Business in Taiwan

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In World Law Group's Doing Business In Guide, member firms around the globe share how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. In...more

World Law Group

Doing Business in Vietnam

World Law Group on

In World Law Group's Doing Business In Guide, member firms around the globe share how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. In...more

K&L Gates LLP

Governor Josh Shapiro Launches First Statewide Economic Development Strategy in Nearly Two Decades

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From 2018 to 2022, Pennsylvania was outspent on economic development incentives by neighboring states in both total incentive spending and average deal size. Over the same period, neighboring states also outspent Pennsylvania...more

Haynsworth Sinkler Boyd, P.A.

HSB Economic Development Update - December 2023

The HSB Economic Development team published their December 2023 news update, highlighting the following topics: 2024 County Tiers Set for JTCs, Fee in Lieu and Tax Moratorium- Each year, South Carolina's 46 counties are...more

J.S. Held

Conflict and Disruption: Repositioning Africa in Global Supply Chains

J.S. Held on

From the COVID-19 pandemic to Russia’s invasion of Ukraine, and US-China tensions, exogenous shocks in recent years have put global supply chains under pressure. Hamas’s terrorist attack on Israel last month, and the conflict...more

Cornerstone Research

5 Questions with Stuart Gilson: Creating Firm Value

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We interview Professor Stuart C. Gilson of the Harvard Business School to gain his insights on how firms create value. Professor Gilson is an expert on valuation, credit and financial statement analysis, and corporate...more

WilmerHale

China Issues Policy to Further Boost Foreign Investment

WilmerHale on

On Sunday August 13, 2023, the State Council released the Opinions to Further Optimize the Environment for Foreign Investment and Increase Efforts to Attract Foreign Investment (“Opinions”)....more

Burr & Forman

Georgia Appellate Court Overturns Lower Court's Denial of Bond Incentives for Rivian Investment

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On April 28, 2023, the Georgia Court of Appeals reversed the ruling of the Morgan County Superior Court and approved $15 billion in bonds for Project Tera, a 2,000-acre Rivian Horizon LLC (“Rivian”) electric truck plant...more

Goodwin

What Semiconductor Companies Need to Know: CHIPS Act and Eligibility Requirements

Goodwin on

The CHIPS Act, or Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act, is a signature piece of legislation that was signed into law in the United States in August 2022 to provide funding in support of the...more

Freeman Law

Maquiladora Program

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In 1964, the Mexican government introduced Maquiladoras as a strategy to attract foreign investment and increase industrialization on the Mexican border. Maquiladora’s process, produce, transform, or repair goods owned by...more

Brownstein Hyatt Farber Schreck

Focus on the Indo-Pacific: Better Understanding the Indo-Pacific Economic Framework for Prosperity

President Biden officially launched The Indo-Pacific Economic Framework for Prosperity (IPEF) (“Framework”), the administration’s economic initiative for the region, during his visit to Tokyo on May 23. The Framework, largely...more

Haynsworth Sinkler Boyd, P.A.

HSB Economic Development Update – January 2022

The HSB Economic Development team published their January 2022 news update, highlighting the following topics: 2022 County Tiers Set for JTCs, Fee in Lieu and Tax Moratorium= Each year, South Carolina's 46 counties are...more

Holland & Knight LLP

U.S. Export-Import Bank Seeks Public Comments on Proposed Domestic Financing Program

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The Export-Import Bank of the United States (EXIM) on Dec. 23, 2021, published a notice seeking public comment on a proposed expansion of its medium- and long-term buyer financing programs to include domestic transactions....more

Jackson Lewis P.C.

Deciding Whether To Train Manufacturing Workers Where Work Happens Or Subsidize Off-Duty Training

Jackson Lewis P.C. on

Manufacturers face increasing difficulty in finding employees with the skills they need, where they need them to be. The skills gap has become a bigger issue as more manufacturers are looking to build where they sell, and...more

Bricker Graydon LLP

Ohio Attorney General pushes for GM to repay $60M in tax incentives after plant closure

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State Attorney General Dave Yost recently “ratcheted up the pressure” on General Motors (GM) to repay $60 million in state tax incentives, citing the company’s failure to meet the contractual obligations of the incentive...more

Maynard Nexsen

COVID-19 Silver Linings for Economic Development

Maynard Nexsen on

As we move toward brighter days ahead, what economic development opportunities await? Two come to my mind most: one is strategic and statewide in scale; the other is more tactical, playing out at the company level....more

Tonkon Torp LLP

Portland's Manufacturing Growth Is Impressive, But Not For Everyone

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According to the March 2019 Multnomah County Economic Indicators report, the Portland manufacturing sector has grown impressively since the great recession, having created close to 250,000 jobs since 2010. With its 24-percent...more

Bradley Arant Boult Cummings LLP

Automotive Suppliers in 2019: New Hope for R&D Credits - Economic Development News

As automotive suppliers begin work on their 2018 tax returns and implement plans for their capital expenditures in 2019, suppliers should look at a potential tax credit to help offset the costs of tooling: the Research and...more

Littler

Germany Announces €3 Billion "Artificial Intelligence (AI) Made in Germany" Initiative

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The German federal government has announced a sweeping new initiative with the stated goal of making “Germany and Europe the worldwide leader in the field of artificial intelligence.” ...more

Snell & Wilmer

Four Key Considerations When Pursuing Foreign Trade Zone Status

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As the United States begins imposing new import tariffs, some Arizona manufacturers are exploring foreign trade zones as a manufacturing option to avoid these costs. But what exactly are foreign trade zones, and how can U.S....more

Burr & Forman

South Carolina Property Tax for New and Expanding Manufacturers: The Fee-In-Lieu of Tax Versus the Special Source Revenue Credit

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South Carolina has some of the highest business property taxes in the Southeast. The state generally taxes land, buildings, machinery and equipment, and furniture and fixtures, but does not tax inventory, pollution control...more

Jones Day

44 African Countries Sign Agreement to Establish African Continental Free Trade Area

Jones Day on

The Situation: African leaders gathered in Kigali, Rwanda, in March 2018 to sign the draft Agreement Establishing the African Continental Free Trade Area ("CFTA") and other related protocols. Forty-four of the 55 Member...more

Hogan Lovells

Africa Stand Up Vision 2025: Strengthening supply chains – the key challenge for Africa

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If Africa wants to change how it trades with the rest of the world, it needs to start by rethinking how it trades with itself. Without urgent improvement, Africa risks remaining a supplier of solely primary materials to which...more

Burr & Forman

New Property Tax Exemption for All South Carolina Manufacturers

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The South Carolina Infrastructure and Economic Development Reform Act, 2017 Act 40, was recently enacted and is designed to enhance South Carolina’s economic competitiveness. The Act, commonly referred to as the gas tax bill,...more

Hogan Lovells

Second term for Uhuru Kenyatta begins with work clearly cut out

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Kenya’s 2017 General Elections have been one of the most anticipated and closely monitored. For the first time, the sitting president, Uhuru Kenyatta was working to defend his position against a united opposition. Close to...more

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