ENJEN Growth Advocates procures seven tailored award offers of tax credits, rebates, and growth grants valued over $10M, for a small midwestern robotics company of 200+ employees.
Client Profile: Midwest robotics systems integrator, outgrew three existing facilities and needed to create efficiencies that could support job growth, increasing business revenues, and develop a skills training center in a campus like structure with access to existing and future labor pool.
Considerations: Access to talent pool and creation of smart campus in advances robotics aligned with suitable location matches in areas of Michigan, Indiana, Illinois, Iowa, Wisconsin, and Pennsylvania, along with an offer from Queretaro, Mexico.
Capital Investment and Job Creation: Capital Investment estimates were between $25M - $45M with job creation to be an additional 55 jobs with average wages at $32/hour.
Award offers: Seven competing states offered tailored tax credits/rebates for income tax and R&D, workforce development grants, and real estate tax abatement at state and local level, ranging between $4M - $10M. The time line took 4 months to receive and maximize tailored offers with a flexible project start dates, 3 year performance period and a 5 year total commitment.
ENJEN Growth Advocates leverages established relationships nationally and abroad to creates competitive growth bidding for all size companies to receive tax savings and cash grants.
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