One of America’s most iconic quick service restaurants has food warehouses around the country to supply its network of family owned restaurants and grocery distribution channels. To meet growing demand, the company needed to construct a new 80,000 square foot, $19 million frozen foods plant and hire 100 new employees in Ohio. To maximize the economic value of the project, the restaurant chain desired state and local government tax incentives support. The company engaged LNE Group to develop a state government relations strategy and secure incentives for the project.
Approach
Using its extensive knowledge of Ohio’s state and local government economic development priorities, LNE Group identified the most promising incentive programs and developed a strategy to secure funding. LNE Group worked with the Office of the Ohio Governor and his economic development team. LNE Group also developed the applications for funding and built coalitions of state legislative and local government officials to support funding for the project.
Result
LNE Group secured tax credits of up to 55 percent for seven years, worth hundreds of thousands of dollars to the client. The new facility produces more than 200,000 burgers per day and ships them to grocery stores across the country, to American military bases, and to a growing (and hungry) market in Canada.
ExpertiseState Strategy Development & Execution Economic Development & Expansion Incentives