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When a company is planning an expansion project:
Economic development incentives are one way the public sector can positively impact a growing company’s bottom line. Conversely, incentives provide the public sector an opportunity to offset cost disadvantages which may be associated with their jurisdictions.
Generally, public officials define an “expansion project” as any capital investment in land, buildings, and/or equipment which creates and/or retains employment.
The investment can be a lease or purchase, and it does not matter if the company expands, renovates, buys or leases an existing building or if it constructs a new building.
We are experts in site selection and in procuring and administering incentive packages for growing companies.
EDGe was formed in 1988. We have provided services in support of 107 expansion projects in 27 states.
We Provide Cost-Focused Site Selection Services
- A Comprehensive Analysis of Project and Operating Costs, including labor, transportation, utilities and suppliers;
- Government-Imposed Business Costs; and
- Business Climate.
We ensure that our clients make informed locational decisions.
When a company analyzes several potential locations for a new facility:
Taxes, laws, regulations, zoning, development fees and the quality, quantity and cost of public infrastructure are some of the ways government can impact a company’s locational decision.
We research and analyze government-imposed start-up and operating costs associated with expansion projects. Our locational analysis provides each client a comprehensive understanding of the quantifiable costs and benefits of potential sites under consideration for new facilities.
Together, our incentives procurement and locational analysis services have played a critical role in the locational decision and the financial success of every one of the projects for which we have provided services.
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