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State and Local Incentive RepresentationPollina Corporate has used its expertise to help major corporations such as Bosch, Caterpillar, W.W. Grainger, and 3Com negotiate state and local incentive packages. Interestingly, most companies seek and receive only 10%-15% of the state and local incentives available. In a number of cases, our negotiations have represented as much as one third of the total capital investment for a particular project. These incentives may take a variety of forms: property tax abatements, corporate tax reductions, payroll tax reductions, subsidized job training, free or low-cost property (land and buildings), publicly financed infrastructure (e.g., sewer and water, turn lanes, stoplights), low interest or forgivable loans, and cash grants. It is important to note that a company need not relocate to achieve significant state and local incentives. Incentives are not limited to the big players only. We have negotiated incentives for as few as 25 jobs. Using a specially trained team, Pollina Corporate will:
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401 Devon Ave, Park Ridge, IL, 60068 PH: (847) 685-9000 x221 / EMAIL: bap@pollina.com |