Business Incentives Consulting | Five Points Strategic Advisors

Incentives for Manufacturers being discussed in a large warehouse

State-by-State Guide to Available State and Local Incentives for Manufacturers

Choosing the right state for a manufacturing facility involves evaluating the available state and local incentives. These programs can help offset costs, improve profitability, and foster growth. Here’s a comprehensive state-by-state guide to some of the most notable incentives available for manufacturers: Alabama Alabama…

Workers in a large manufacturing facility

The Five Best States for State and Local Incentives for Manufacturers

Insights, Manufacturing

Choosing the right state to locate a manufacturing facility involves evaluating many factors, and state and local incentives often play a significant role. These incentives can reduce upfront costs, improve long-term profitability, and provide a competitive edge. Here are five of the best states for…

The Challenges and Opportunities Facing the Controlled Environment Agriculture Industry

Agriculture, Insights

The controlled environment agriculture (CEA) industry is reshaping the way we produce food, leveraging technology to create optimized growing conditions indoors. With the potential to address global food security challenges, minimize environmental impact, and enhance supply chain resilience, CEA represents…

Manufacturing facility producing metal goods

Why Texas Stands Out for Manufacturing Companies: A Comparison with Other States

Insights, Manufacturing

The decision of where to locate a manufacturing facility is critical, and companies must weigh numerous factors to ensure their choice aligns with long-term business goals. Texas has become a leading contender for manufacturing companies, consistently ranking among the top states in the U.S. for business-friendly…

Why Your Company Should Think Twice Before Accepting an Incentive Offer

Incentives, Insights

Incentives can often seem like a golden opportunity for businesses. Whether it’s a tax break, grant, or subsidy, these offers are designed to drive growth and encourage participation in projects. However, not all incentives are created equal, and in some cases, it may be wise to decline an offer. Here…

Manufacturing facility in the United States with workers walking through the frame

Why Manufacturing Is Returning to the United States: Key Drivers Shaping the Shift

Insights

In recent years, the United States has witnessed a resurgence in domestic manufacturing, reversing decades of offshoring to low-cost countries. This trend is being fueled by a combination of economic, geopolitical, and strategic factors. Among the most prominent drivers are tariffs, supply chain risk…

Unlocking Opportunities: How Manufacturers Can Leverage the New Markets Tax Credit Program

Insights, Manufacturing

Manufacturers play a pivotal role in driving economic growth and job creation, particularly in underserved communities. However, accessing the capital needed for expansion and innovation can be a significant hurdle. Enter the New Markets Tax Credit (NMTC) program—a powerful tool designed to stimulate…

Why Manufacturing Companies Should Use a Site Selection Firm

Insights, Manufacturing

In today’s competitive manufacturing landscape, choosing the right location for your facility is critical to achieving operational success. A poor decision can result in increased costs, logistical inefficiencies, and missed opportunities for growth. While some companies attempt to manage the site…