A manufacturer specializing in injury prevention and patient positioning products sought assistance for its headquarters relocation and subsequent expansion in Indianapolis.

In a shifting tax world, location decisions, incentives negotiation, and post-award compliance are more central than ever.

Host ⁠Tim LeMasters⁠ and guest ⁠Ben Worrell, MBA,⁠ discuss the critical role of timing in capturing ⁠incentives and credits⁠ for businesses that are expanding, relocating, or investing in new facilities.

This electrical contractor had plans to expand. McGuire Sponsel helped negotiate a tax abatement that will save the company tax payments over the next 10 years.

Our Location Advisory team secured local incentives totaling 10% of project budgets for multifamily housing developments in Wichita, KS—accelerating approvals, maximizing ROI, and supporting community revitalization.

 

Our Location Advisory team worked with a third-party logistics company to procure incentives for their $14.7 million expansion.

As the federal tax landscape continues to shift under the One Big Beautiful Bill Act and its ripple effects, CPAs face a critical moment: how to balance proactive planning with compliance while strengthening their advisory role.

McGuire Sponsel was engaged to support the client’s expansion into Arkansas and interact directly with the Arkansas Economic Development Commission (AEDC) and the client’s CPA to manage the application process.

In Area Development, Ben Worrell, MBA, explains why site selection starts with facts, not charm.

Securing state and local economic incentives is a multi-phase process—one that requires careful coordination between business goals, tax strategy, and compliance. In this webinar, McGuire Sponsel’s Location Advisory Services team will outline a proven five-step framework for navigating the full lifecycle of an incentive-backed project.

Client Snapshot

Logo
  • Healthcare Manufacturing Headquarters

    Indianapolis, IN

  • Aquisition

    Phase I - 55 New Jobs
    Phase II - 60 New Jobs

  • Project Type

    Phase I - Relocation
    Phase II - Expansion

  • Project Objective

    Incentive Procurement

[demandwell_links]

Healthcare Manufacturing Headquarters

Client Profile

A manufacturer specializing in injury prevention and patient positioning products sought assistance for its headquarters relocation and subsequent expansion in Indianapolis. The new facility was designed to serve as their headquarters, manufacturing center, research and development (R&D) facility, and training hub. The project consisted of two phases: Phase I projected 55 new jobs with a $6.7 million investment, while Phase II anticipated 60 new jobs and a $14.7 million investment.

Process

McGuire Sponsel’s Location Advisory Services team explored both local and state incentives for the project. We worked closely with the Indiana Economic Development Corporation and the Indianapolis Department of Metropolitan Development to maximize available benefits.

During negotiations with Indianapolis DMD, an additional opportunity emerged involving collaboration with a local philanthropy organization. Our team successfully navigated these discussions, facilitating a tri-party agreement that satisfied all stakeholders’ objectives.

Results

Our comprehensive approach yielded significant incentives across both phases. For Phase I, we secured an Economic Development for a Growing Economy (EDGE) credit of $210,000 and a Hoosier Business Investment (HBI) credit of $120,000. The subsequent Phase II achieved even greater results, with an EDGE credit of $175,000, an HBI credit of $500,000, and a Local Tax Abatement of $739,622.

  • $210,000

    Phase I - Economic Development for a Growing Economy (EDGE) Credit

  • $120,000

    Phase I - Hoosier Business Investment (HBI) Credit

  • $175,000

    Phase II - Economic Development for a Growing Economy (EDGE) Credit

  • $500,000

    Phase II - Hoosier Business Investment (HBI) Credit

  • $739,622

    Phase II - Local Tax Abatement

Contact Us

McGuire Sponsel works with businesses of all sizes, all across North America, providing comprehensive location advisory and incentive solutions.

Contact us today to learn more.

Additional Resources