The Form and Substance of Business Incentives
February 21, 2023
An incentive award of up to $9 billion in federal, state, and local benefits for Micron’s $100 billion chip fab plant near Syracuse, New York, if employment and investment projections are achieved, has set the high bar for a U.S. project incentives award.
More than $1.3 billion in incentives has been approved to attract Panasonic’s EV battery facility which is projected to create 4,000 jobs in De Soto, Kansas.