Case Study #2 | Company Expansion/Relocation | North American Environmental Solutions Company
Company Expansion/Relocation
North American Environmental Solutions Company
Overview
The industry leader in North American waste
Challenge
As the company was evaluating different localities, it was a
Solution
Economic Incentives Advisory Group (EIAG) was engaged to identify the available incentives. EIAG conducted interviews with finance, human resource, operations and real estate. Once the hiring forecasts, capital investment and occupancy dates were established, EIAG developed an incentives plan.
Results
EIAG developed an incentives plan to secure a combination of cash and tax credits. Once the state awarded an incentives package of nearly $6 million, EIAG then established a process to manage payroll requirements, capital expenditures and training expenses so that the funds could be utilized by the company.