Get an instant overview of the incentives you qualify for – and their expected benefits
Part of the robust Located platform the Incentives Profitability Model answers the million-dollar question for a location search. Which incentives are available for a given project? What are the expected benefits of those incentives? Now the answers are right at your fingertips.
You don’t have time to read through each state’s dense catalog of incentives to still not know whether your project is eligible.
Don’t worry. We did the math for you for over 270 incentives programs across the Lower 48 states.
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Once you’ve determined your project’s eligibility for a program, you’re just getting started. You now will need to estimate the likely incentives award based on the arcane statutory language.
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You know which incentives you’re eligible for and how much each incentive program may pay out. But, how will each state’s offer affect your project’s bottom line?
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Program | Program description |
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Manufacturing Sales Tax Exemption | Purchases of manufacturing machinery by qualified manufacturers are exempt from Wyoming sales or use tax when the machinery will be used in Wyoming in a manufacturing capacity. (WY Department of Revenue program guidelines) |
Data Center Sales Tax Exemption | Provides for a sales and use tax exemption for the purchases and rentals of qualifying computer equipment including computers, servers, monitors, keyboards, storage devices and other peripherals, racking systems, cabling and trays that are necessary for the operation of a data processing services center when the aggregate purchase of the qualifying equipment exceeds two million dollars in any calendar year. (WY Department of Revenue report) |
Program | Program description |
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Research Expense Credit | An individual, estate, trust, partnership, corporation, or limited liability company is allowed an income tax credit for conducting research in North Dakota. (ND Office of State Tax Commissioner) |
Workforce Recruitment Credit | An individual, estate, trust, partnership, corporation, or limited liability company is allowed an income tax credit for employing extraordinary recruitment methods to recruit and hire employees for hard-to-fill positions in North Dakota. (ND Office of State Tax Commissioner) |
Renaissance Zones | Businesses and individuals may qualify for one or more tax incentives for purchasing, leasing, or making improvements to real property located in a North Dakota renaissance zone. (ND Office of State Tax Commissioner) |
Sales and Use Tax Exemptions | General sales and use tax exemption for specific sectors. (General description) |
Property Tax Exemptions | A new or expanding business project that is certified as a primary sector business by the Department of Commerce Division of Economic Development and Finance may be granted a property tax exemption for up to five years. (ND Office of State Tax Commissioner) |
Income Tax Exemptions | Any project operator who is engaged in a new or expanding primary sector business or tourism may qualify for the income tax exemption. (ND Office of State Tax Commissioner; program application) |
Program | Program description |
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Promoting Employment Across Kansas (PEAK) | PEAK is intended to foster economic development in Kansas by incentivizing companies to relocate, locate, expand or retain a business facility/operations and related jobs. (Kansas Department of Commerce) |
High Performance Incentive Program (HPIP) | The High Performance Incentive Program (HPIP) offers business incentives to companies that make new capital investment in their companies, pay above-average wages for their industry, and invest in workforce training for their employees. (KS Department of Commerce) |
Research & Development Tax Credit | In order to stimulate increased research and development activity by Kansas businesses, the state offers an income tax credit equal to 6.5 percent of a company’s investment in R&D, above an average of the actual expenditures in R&D in the taxable year and the two immediate preceding taxable years. (KS Department of Commerce) |
Program | Program description |
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Oklahoma Quality Jobs Program | The Oklahoma Quality Jobs Program serves as an incentive for companies to expand or relocate jobs to Oklahoma by providing a rebate of a portion of newly created payroll in the state. (OK Department of Commerce) |
Small Employer Quality Jobs Program | The Small Employer Quality Jobs Program Allows qualifying small businesses (500 employees or less) to receive up to a 5% cash-back incentive for up to 7 years to locate or expand in Oklahoma. (OK Department of Commerce) |
The 21st Century Oklahoma Quality Jobs Program | This incentive was created to attract growth industries and sectors to Oklahoma in the 21st Century through a policy of rewarding businesses with a highly skilled, knowledge-based workforce. It also maximizes the eligible incentive payment by incorporating expanded state benefits by allowing a net benefit rate of up to 10% of payroll. (OK Department of Commerce) |
Oklahoma Quick Action Closing Fund | The Oklahoma Quick Action Closing Fund is exclusively offered by the Governor of Oklahoma and was created for reducing the cost gaps for economic development and related infrastructure development when expenditure of funds is likely a determining factor in locating a high-impact business. (OK Department of Commerce) |
Investment / New Jobs Income Tax Credit | Investment/New Jobs Tax Credits provide growing manufacturers a significant tax credit based either on an investment in depreciable property OR on the addition of full-time-equivalent employees engaged in manufacturing, processing, or aircraft maintenance. Participation in this benefit prohibits a manufacturer from participating in the Quality Jobs Program unless the manufacturer makes a qualifying capital investment in excess of $40 million. (OK Department of Commerce) |
Quality Jobs + Investment Tax Credit | This incentive is available for manufacturers who have capital investments greater than $40 million in addition to creating skilled jobs. The incentive lays the foundation for attracting “top-notch” companies to Oklahoma and demonstrates a policy of incentivizing businesses with large (greater than $40 million) capital investments that create jobs that pay higher than average wages. (OK Department of Commerce) |
Sales & Use Tax Exemptions/refunds | Oklahoma has a comprehensive sales tax exemption for manufacturers who obtain a Manufacturer’s Sales Tax Exemption Permit from the Oklahoma Tax Commission. The exemption covers purchases of machinery and equipment, energy, and tangible personal property used in design, development, and manufacturing. Sales to a manufacturer of exempt property must be used in the manufacturing operation at a manufacturing site. (OK Department of Commerce) Also, Oklahoma offers sales tax refunds for qualified companies. Sales taxes paid on construction materials incorporated in certain new manufacturing facilities by the manufacturer or by a contractor or subcontractor on behalf of a qualified manufacturer are refundable. Sales taxes paid for machinery and equipment by certain service businesses (computer services, R & D, and aircraft repair) are refundable. |
Ad valorem tax exemptions | Companies in specific sectors or activities may be eligible for a 5 year exemption from Ad Valorem Tax. (OK Department of Commerce) |
Program | Program description |
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Texas Enterprise Fund (TEF) | The Texas Enterprise Fund awards "deal-closing" grants to companies considering a new project for which a single Texas site is competing with another viable out-of-state site. (TX Business Incentives and Programs Overview) |
Enterprise Zones | The Texas Enterprise Zone Program is an eco nomic development tool that enables local commu nities to partner with the State of Texas to promote job creation and capital investment in economical ly distressed areas of the state. Local communities may provide incentives such as tax abatements, fee waivers and reduced regulations to businesses within an enterprise zone. (TX Comptroller) |
Data Center Sales Tax Exemption | Texas provides 100% exemption on sales tax for computers, equipment, cooling systems, power infrastructure, electricity and fuel for Data Centers meeting the minimum thresholds of $200 million in capital investment, 20 new jobs, and an average salary at least 120% of the county average salary. (TX Business Incentives and Programs Overview) |
Sales Tax Exemption with Manufacturing | State sales and use tax exemptions are available to taxpayers who manufacture, fabricate or process tangible personal property for sale. (TX Comptroller) |
Texas Research & Development Tax Credit | A person engaged in qualified research can claim either: (1) a sales and use tax exemption on the purchase, lease, rental, storage or use of depreciable tangible personal property directly used in qualified research, or (2) a franchise tax credit based on qualified research expenses. Model uses option one. (TX Comptroller) |
Texas Economic Development Act (Chapter 313) | It requires companies to invest a specified amount of money to qualify for a ten year limitation on the appraised value of a property for the maintenance and operations portion of the school district property. (TX Business Incentives and Programs Overview) |
Program | Program description |
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Quality Jobs (QJ) program | The Quality Jobs, or QJ, program provides a cash rebate to companies that create well-paid jobs and promote economic development. The program provides up to a 6% cash rebate of annual gross payroll for new direct jobs for up to 10 years. Provides a state sales/use tax rebate on capital expenditures or a 1.5% project facility expense rebate on the total capital investment, excluding tax exempted items. (Louisiana Economic Development) |
Research and Development Tax Credit | The Research and Development Tax Credit encourages existing businesses with operating facilities in Louisiana to establish or continue research and development activities within the state. Provides up to a 30% tax credit on qualified research expenditures incurred in Louisiana — with no cap and no minimum requirement. (Louisiana Economic Development) |
Enterprise Zone | The Enterprise Zone, or EZ program is a jobs incentive program that provides Louisiana income and franchise tax credits to a new or existing business located in Louisiana creating permanent net new full-time jobs, and hiring at least 50% of those net new jobs from one of four targeted groups (Louisiana Economic Development) |
Industrial Tax Exemption | The Louisiana Industrial Ad Valorem Tax Exemption Program (ITEP) is an original state incentive program, which offers an attractive tax incentive for manufacturers who make a commitment to jobs and payroll in the state. With approval by the Board of Commerce and Industry and local governmental entities, the program provides an 80% property tax abatement for an initial term of five years and the option to renew for five additional years at 80% property tax abatement on a manufacturer’s qualifying capital investment related to the manufacturing process in the state. (Louisiana Economic Development) |
Sales Tax Exemption on Manufacturing Machinery & Equipment | Act 1 of the 2004 First Extraordinary Session provides exclusions from state sales and use tax for the purchase, lease or rental, and use of machinery and equipment used predominately and directly to manufacture tangible personal property or produce, process, and store food, fiber, or timber for sale. (Department of Revenue) |
FastStart Job Training Assistance Program | LED FastStart offers in-depth, world-class, custom employee recruitment and screening with hands-on assessments, as well as customized training for the complete operation. The training is both comprehensive and highly customized, covering specific processes and procedures as well as quality, organizational management and advanced technologies, and is supported with customized video, multiple digital platforms and graphic material. (Louisiana Economic Development) |
Program | Program description |
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Advantage Arkansas (Income Tax Credit) | The Advantage Arkansas program provides an Arkansas income tax credit, accruable for up to sixty (60) months, based upon a percentage of the annual payroll paid to new full-time permanent employees hired as a result of an approved project. (Arkansas Economic Development Commission) |
ArkPlus (income tax credit) | The ArkPlus program, offered at the discretion of the AEDC Executive Director, provides a ten percent (10%) income tax credit based upon the total investment of an eligible business in a new location or expansion project. (Arkansas Economic Development Commission) |
Targeted ArkPlus | The ArkPlus program, offered at the discretion of the AEDC Executive Director, provides a ten percent (10%) income tax credit based upon the total investment of an eligible business in a new location or expansion project. Furthermore, At the discretion of the Executive Director, a targeted business may earn an income tax credit or a sales and use tax credit based upon new investment. (Arkansas Economic Development Commission) |
Research and Development Tax Credit | The different research and development tax credits are intended to provide incentives for university-based research, in-house research of several kinds, and research and development in start-up, technology-based enterprises. (Arkansas Economic Development Commission) |
Tax Back | The Tax Back program provides sales and use tax refunds on the purchase of building materials, machinery, and equipment to qualifying businesses that create new jobs as a result of construction, expansion, or facility modernization projects in Arkansas.(Arkansas Economic Development Commission) |
Targeted business incentives | Businesses that qualify as “targeted businesses” may be offered a variety of special incentives designed to help new, knowledge-based businesses in their early years. (Arkansas Economic Development Commission) |
Create Rebate (Cash Rebate) | The Create Rebate program requires businesses to create a minimum payroll, comprised of new full-time permanent employees, of two million dollars ($2,000,000) or greater within twentyfour (24) months of signing a financial incentive agreement with the Arkansas Economic Development Commission (Commission). |
Governor’s Quick Action Closing Fund | The Quick Action Closing Fund (QACF) is a targeted economic development incentive program the state of Arkansas uses to try to increase economic activity. This program allows the state government to give cash grants to attract or retain businesses. It’s largely up to the Governor of Arkansas to approve these cash grant. (QACF accountability report) |
Program | Program description |
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Missouri Works | As the state’s number one incentive tool for expansion and retention, this program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri. (MO Department of Economic DEvelopment) |
Business Facility Headquarters Tax Credit Program | Missouri's Business Facility Headquarters Tax Credit Program provides tax incentives to facilitate the expansion of new or existing businesses in Missouri. (MO Department of Economic Development). |
Missouri One Start | As the state’s principal workforce development program, Missouri One Start provides businesses with comprehensive pre-employment and customized training solutions. (Missouri One Start website). |
Data Center Sales and Utility Tax Exemption | Data hosting or internet publishing companies looking to locate or expand an existing data center facility may be able to access sales and utility tax exemptions based on the estimated costs of construction materials, machinery and equipment purchases, and utility costs. (MO Department of Economic Development) |
Sales Tax Exemption for Manufacturers | To grow the state’s manufacturing industry, a variety of producers (electrical energy, coal, gas, machinery equipment, chemicals, energy sources, materials, etc), can access a 4.225 state sales tax exemption as well as a local use tax. (MO Department of Economic Development) |
Program | Program description |
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High Quality Jobs Program | The High Quality Jobs (HQJ) program provides qualifying businesses assistance to off-set some of the costs incurred to locate, expand or modernize an Iowa facility. This flexible program includes loans, forgivable loans, tax credits, exemptions and/or refund. (Iowa Economic Development) |
Targeted Jobs Withholding Tax Credit | The Targeted Jobs Withholding Tax Credit is a pilot program that allows diversion of withholding funds paid by an employer to be matched by a designated pilot city to create economic incentives directed toward the growth and expansion of targeted businesses locally. (Iowa Economic Development) |
Research Activities Credit | Iowa sets itself apart as being one of the few states to offer a refundable research activities credit. Iowa companies earn refundable tax credits for research and development investments that may be paid directly in cash to the company once its tax liabilities have been met. (Iowa Economic Development) |
Program | Program description |
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Research and Development Tax Credit | Tax credits for qualifying research activities in Minnesota. (General description) |
Minnesota Job Creation Fund (MJCF) | The Minnesota Job Creation Fund provides financial incentives to new and expanding businesses that meet certain job creation and capital investment targets. (MN Employment and Economic Development) |
Data Centers | This program provides sales tax exemptions to businesses that build or refurbish data centers. (MN Employment and Economic Development) |
Sales and Use Tax Exemptions | The capital equipment exemption is an up-front sales tax exemption on eligible capital equipment purchases. (MN Department of Revenue) |
Greater Minnesota Job Expansion Program | This tax refund program provides sales tax rebates to existing businesses located in Greater Minnesota that are approved by DEED and meet job creation, wage levels and other eligibility requirements. (MN Employment and Economic Development) |
Minnesota Job Training Incentive Program (JTIP) | This program provides grants of up to $200,000 to new or expanding businesses for the purpose of training new workers as quickly and efficiently as possible. The program is available to businesses located in Greater Minnesota. (MN Employment and Economic Development) |
Program | Program description |
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Nonrefundable Research Credit | The state provides research credits to businesses equal to a percentage of the increase in a business's qualified research expenses. (Wisconsin Legislative Fiscal Bureau) |
Business Development Tax Credit (BTC) Program | The refundable business development tax credit can be claimed for eligible expenses for increased employment, retaining employees, employee training, capital investment, and corporate headquarters location or retention in Wisconsin. (Wisconsin Legislative Fiscal Bureau) |
Enterprise Zone Jobs Tax Credit | The program supports job creation, job retention, capital investment, training, and Wisconsin supply chain investment by providing companies with refundable Tax Credits that can help to reduce their Wisconsin state income tax liability or provide a refund, thereby helping to enhance their cash flow to either expand the expansion project’s scope, accelerate the timing of the project or enhance payroll. (WEDC Program Guidelines) |
Development Opportunity Zone | The program supports job creation, job retention, capital investment, and environmental remediation by providing non-refundable tax credits that can help to reduce a company’s Wisconsin state income tax liability, thereby helping to enhance its cash flow to either increase the expansion project’s scope, accelerate the timing of the project or enhance payroll. Also, the program incents the creation of jobs for target group members. (WEDC Program Guidelines) |
Workforce Training Grants | The program provides grant funds to businesses to upgrade or improve the job-related skills of a business’s existing and new employees. (WEDC Program Guidelines) |
Sales and use tax exemptions | The Wisconsin sales tax exemption for manufacturing allowsqualifying manufacturers to claim an exemption on a wide variety of operating purchases (Agile Consulting) |
Property tax exemptions | Computer equipment and software are exempt from general property tax. (WI Department of Revenue) |
Program | Program description |
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Kentucky Business Investment (KBI) Program | The Kentucky Business Investment (KBI) program provides income tax credits and wage assessments to new and existing agribusiness, regional and national headquarters, manufacturing companies, and non-retail service or technology related companies that locate or expand operations in Kentucky. (Florence, KY website) |
Kentucky Enterprise Initiative Act (KEIA) | A KEIA approved company is eligible to receive a refund of sales and use tax paid for construction materials and building fixtures and for equipment used in research and development purchased during the life of the project not to exceed the amount authorized in the memorandum of agreement. (Florence, KY website) |
Grant-in-Aid program | The Grant-in-Aid (GIA) program provides reimbursement dollars to companies/consortia and the STIC provides a tax credit against Kentucky income taxes to companies for company specific training activities. (KY Cabinet for Economic Development) |
Kentucky Reinvestment Act (KRA) | Eligible companies may apply for tax credits of up to 100% of corporate income tax liability generated by or arising from the project. (Adapted from KY Cabinet for Economic Development) |
Program | Program description |
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Kentucky Business Investment (KBI) Program | The Kentucky Business Investment (KBI) program provides income tax credits and wage assessments to new and existing agribusiness, regional and national headquarters, manufacturing companies, and non-retail service or technology related companies that locate or expand operations in Kentucky. (Florence, KY website) |
Kentucky Enterprise Initiative Act (KEIA) | A KEIA approved company is eligible to receive a refund of sales and use tax paid for construction materials and building fixtures and for equipment used in research and development purchased during the life of the project not to exceed the amount authorized in the memorandum of agreement. (Florence, KY website) |
Grant-in-Aid program | The Grant-in-Aid (GIA) program provides reimbursement dollars to companies/consortia and the STIC provides a tax credit against Kentucky income taxes to companies for company specific training activities. (KY Cabinet for Economic Development) |
Kentucky Reinvestment Act (KRA) | Eligible companies may apply for tax credits of up to 100% of corporate income tax liability generated by or arising from the project. (Adapted from KY Cabinet for Economic Development) |
Program | Program description |
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FastTrack Infrastructure, job training assistance, and economic development grants | Variety of incentives including infrastructure grants to local governments to support specific projects, job training assistance, and an economic development grant program. (Adapted from Tennessee Department of Economic and Community Development) |
Job Tax Credit | Credit of $4,500 per job to offset up to 50% of franchise and excise (F&E) taxes in any given year with a carry forward for up to 15 years. (Tennessee Department of Economic and Community Development) |
Enhanced Job Tax Credit | In addition to the Job Tax Credit benefits, this addition allows an additional annual credit for locations/expansisons in designated Tier 2, Tier 3, and Tier 4 Enhancement counties. (Tennessee Department of Economic and Community Development) |
Industrial Machinery Tax Credit | Credit of 1% to 10% for the purchase, third party installation and repair of qualifiednindustrial machinery. (Tennessee Department of Economic and Community Development) |
Sales tax exemptions | General sales and use tax exemption for specific sectors and/or activities. (General description) |
Program | Program description |
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Jobs Act Incentives: Jobs | Cash rebate of up to 3% annually of the previous year’s gross payroll (not including fringe benefits) for eligible employee who are Alabama residents for up to 10 year. Additional enhancements available. (Alabama Department of Revenue) |
Jobs Act Incentives: Investment | A discretionary tax credit of up to 1.5% of qualified capital investment for a qualified project for a period of up to 10 years. For qualifying investments in a targeted or a jumpstart county, the incentive period is available for up to 15 years. (Alabama Department of Revenue) |
Sales tax exemptions | Section 40-9B, et seq Code of Alabama 1975 provides that qualifying industries may receive an abatement on all state and the local non-educational portion of construction related transaction (sales and use) taxes associated with constructing and equipping a project. For state purposes, the general state sales tax rate of 4% and the state manufacturing machinery and equipment tax rate of 1.5% can be abated for qualifying industries. (Alabama Department of Revenue) |
Property tax abatements | Section 40-9B, et seq Code of Alabama 1975 provides for the abatement of certain property taxes to qualifying industries. All of the non-educational state and local portions of property tax can be abated for projects if the proper procedures are followed. (Alabama Department of Revenue) |
Enterprise Zone credit/exemption | The Alabama Enterprise Zone Act, enacted in 1987, provides certain tax incentives to corporations, partnerships and proprietorships that locate or expand within designated Enterprise Zones. In addition to state-level tax incentives, businesses may also receive local tax and non-tax incentives for locating or expanding within a designated Enterprise Zone. (Alabama Department of Economic and Community Affairs) |
Program | Program description |
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Data Center Gross Retail and Use Tax Exemption | The Data Center Gross Retail and Use Tax Exemption provides a sales and use tax exemption on purchases of qualifying data center equipment and energy to operators of a qualified data center. (Indiana Economic Development Corporation) |
Research and Development tax incentives | The state of Indiana offers two tax incentives targeted at encouraging investments in research and development. Taxpayers may receive a credit against their Indiana state income tax liability calculated as a percentage of qualified research expenses. In addition, taxpayers may be refunded sales tax paid on purchases of qualified research and development equipment. (Indiana Economic Development Corporation) |
Headquarters Relocation Tax Credit (HQRTC) | The Headquarters Relocation Tax Credit (HQRTC) provides a nonrefundable tax credit to a business that relocates its headquarters to Indiana. (Indiana Economic Development Corporation) |
Hoosier Business Investment Tax Credit Program (HBI) | The Hoosier Business Investment (HBI) Tax Credit provides an incentive to businesses to support job creation, capital in-vestment and to improve the standard of living for Indiana residents. (Indiana Economic Development Corporation) |
Economic Development for a Growing Economy Program (EDGE) | The Economic Development for a Growing Economy (EDGE) Tax Credit provides a refundable tax credit to businesses that create new jobs that improve the standard of living for Indiana residents. (Indiana Economic Development Corporation) |
Skills Enhancement Fund (SEF) | The Skills Enhancement Fund (SEF) provides assistance to companies to support training of employees required to support business growth in Indiana. (Indiana Economic Development Corporation) |
Program | Program description |
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Economic Opportunity Tax Credit for Corporate Headquarters Relocation | Taxpayer that moves its corporate headquarters to West Virginia from outside of West Virginia may be entitled to an Economic Opportunity Tax Credit, if the relocation creates at least 15 new West Virginia jobs. (WV Development Office) |
Economic Opportunity Tax Credit | The Economic Opportunity Tax Credit is available to qualified businesses that make a qualified investment in a new or expanded business facility in West Virginia and, as a result of this investment, create at least 20 new jobs. (WV Department of Tax) |
Economic Opportunity Tax Credit for Job Creation | An eligible business (i.e. manufacturing, warehousing, information processing, goods distribution,destination tourism, and research and development) creating fewer than 20 new jobs for a regularbusiness, and fewer than 10 new jobs for a qualified small business, may receive a tax credit of $3,000per year, for a period of 5 years, for each new job created. (West Virginia Department of Tax) |
Manufacturing Investment Tax Credit | Manufacturers that make qualified investments for industrial expansion or industrial revitalization in West Virginia may be eligible for the Manufacturing Investment Tax Credit. (West Virginia Department of Tax) |
Sales & Use Tax Exemption | General sales and use tax exemption for specific sectors and/or activities. (General description) |
High Technology Valuation Act (Data Centers) | Tangible personal property, including servers, directly used in a high-technology business or in an Internet advertising business, is valued for property tax high-tec purposes at 5% of the original cost of the property. In addition, sales tax is eliminated from all purchases of prewritten computer software, computers, computer hardware, servers, building materials and tangible personal property for direct use in a high-technology business or internet advertising high-tec business. (WV Develoment Office) |
Governor’s Guaranteed Work Force Program | Under this program, the West Virginia Development Office can pay up to one hundred percent or two thousand dollars per trainee, whichever is less, of training cost of new employees in companies creating at least ten jobs in a one-year period. Amount of award is based on wages and benefits, number of employees, and number to be trained. This program operates on a reimbursement basis. (WV Development Office) |
Five for Ten Program - Manufacturing | Investments greater than $50M in a manufacturing facility having $100M or more of preexisting investment in place prior to the new investment are valued at 5% of cost of the new investment for property tax purposes. (WV Development Office) |