Case Study

Manufacturing Company Receives over $2.5 million in Incentives

Manufacturing Company Receives over $2.5 million in Incentives

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State & Local Tax Incentives www.cbiz.com/taxincentives Issue A health care equipment manufacturer sought to expand its current location by constructing new facilities over a three-year period, with a total investment of over $11 million. In addition, the company planned to create several new jobs to accommodate its sales growth. The manufacturer wanted a solid return on investment (ROI) on the project. Solution CBIZ’s Tax Incentives Group developed a detailed spreadsheet of all investment expenditures, new job wages and benefits and the timeline to accomplish this project. The information was presented to the state economic development agency to maximize the amount of sales tax exemptions, income tax credits and job creation incentives. CBIZ completed all the necessary follow-up

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