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California wood businesses with tax credits over $200m in 2016

byCustoms Today Report
10/07/2015
in Uncategorized
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California: The Tustin California Competes workshop, co hosted by the city of Tustin, the Tustin Chamber of Commerce and the Orange County Business Council, is scheduled for 9 a.m. July 31 at Tustin Branch Library Professional Training Center, 345 E. Main St.Want to grow your business locally  Want to move an out-of-state company to California

Gov. Jerry Brown’s California Competes program has allocated some $200 million in tax credits in fiscal 2016 for companies to expand in or relocate to California. State officials will offer one-hour workshops on how to apply for the credits from July 14 to Aug. 7 in Tustin, Murrieta, Redlands, Torrance, San Diego and more than a dozen other cities statewide.

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The free program is open to small, medium and large businesses. Beginning July 20, companies can apply online at calcompetes.ca.gov, a website that also offers an application guide and other technical documents. Last year, Go-Biz allocated some $150 million to 212 companies under the program. Those companies are projected to create more than 29,400 jobs and make more than $7.1 billion in investments.

QSC Holdings, a Costa Mesa audio and video equipment manufacturer, hired 27 employees and received a $300,000 credit on its investment of $15.2 million.

 

Tags: California woos businesses

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