Skilled workers on a factory floor representing retention and productivity from workforce incentives

Workforce Incentives in a Tight Labor Market

Labor availability continues to be one of the most influential factors in site selection decisions. In many regions, workforce constraints outweigh differences in tax rates, land costs, or even incentive values. Public incentive programs have evolved to reflect this reality. Why Workforce Availability…
Construction site with idle equipment illustrating relocation delays and rising project costs

The Hidden Cost of Relocation Delays

Relocation and expansion delays are often discussed in abstract terms, but their financial impact is very real. Each month of delay can translate into lost revenue, higher construction costs, workforce uncertainty, and missed market opportunities. For capital-intensive projects, even small schedule disruptions…
City skyline symbolizing 2026 economic development incentives growth

2026 Economic Development Incentives: What Companies Should Watch

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As companies move into 2026, economic development incentives remain one of the most effective tools for managing project cost, risk, and timing. While incentive programs themselves rarely change dramatically year to year, the priorities behind them do. States and local governments continuously adjust…
2025 incentives recap and 2026 outlook for site selection

Five Points’ 2025 Recap and 2026 Outlook

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As we close out 2025, it is worth reflecting on what this year has meant for our clients and partners. 2025 in Review We supported manufacturers, healthcare providers, and other organizations in securing millions in incentives and tax credits. We guided clients through new programs, including…
Working with economic developers for mutual community benefit

How to Work with Economic Developers to Maximize Incentives

Economic developers are essential partners in securing incentives. Yet many companies treat them only as gatekeepers, missing the opportunity to build strong, collaborative relationships. Best Practices for Engagement Be Transparent: Share clear project details early to build trust. Understand…
2025 incentives year in review with major project wins

The Incentives Year in Review: Biggest Wins and Lessons of 2025

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Looking back at 2025, several themes stand out in the world of economic development incentives. Major Wins Communities showed strong support for manufacturing and healthcare projects, with several record-setting packages. The rollout of the JETI program in Texas provided a new pathway for large-scale…
NMTC permanency enabling long-term project financing

Blog 18 — NMTC Permanency: What It Means for Companies Planning Big Projects

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The permanency of the New Markets Tax Credit program has reshaped how companies think about financing. For years, uncertainty about extensions left businesses hesitant to plan projects around NMTC. With permanency secured, that has changed. Why Permanency Matters Companies can now confidently include…
026 site selection trends focused on skilled workforce

The State of Site Selection: Five Trends Defining 2026 Projects

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As we prepare for 2026, several key trends are shaping the site selection landscape. Companies that understand these shifts will be better positioned to make decisions that support long-term success. Trend 1: Reshoring Remains Strong Manufacturers continue to move production closer to U.S. customers…
True value of incentives from stacking multiple programs

Behind the Numbers: How to Calculate the True Value of Incentives

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When negotiating incentives, it is easy to focus on headline numbers. A 10-year property tax abatement worth millions may sound impressive, but the real question is: what is the actual value to the company? Key Considerations Net Present Value: A dollar today is worth more than a dollar 10 years…
Green manufacturing incentives for renewable energy adoption

The New Standard for Green Manufacturing Incentives

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Sustainability is no longer optional. Companies in manufacturing and related sectors are being held to higher standards for energy use, emissions, and environmental impact. Incentive programs have evolved accordingly. Current Focus Areas Electric vehicle production and infrastructure Renewable…