CEO Guide to Site Selection

Idaho

GROWING IN THE GEM STATE

Idaho continued to experience strong economic and job growth. Lamb Weston is currently undertaking a $415 million expansion at its facilities in American Falls that will make it the world’s largest potato processing facility when complete. Meta Platforms is also building an $800 million data center in Kuna. Meanwhile, Micron is moving ahead on a $15 billion manufacturing facility in Boise, representing the largest private investment in state history. The company
estimates the project will create more than 17,000 jobs, with at least 2,000 direct jobs. It will also invest
$74 million into its Community Investment Framework to go toward community and workforce development. “Soon, Boise will be the home to one of the world’s most advanced manufacturing facilities,” said Scott DeBoer, EVP of Micron.

“The news that Idaho worker and family earning growth is outpacing almost every other state is welcome news, and not altogether surprising because Idaho is experiencing unprecedented economic prosperity. Our success comes from the ingenuity of our businesses, our strong families, good government and an unrelenting focus on keeping taxes low and supporting businesses. What Idaho is doing is working!”
Brad Little
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2020 and 2023

KEY INCENTIVES

Idaho Tax Reimbursement Incentive: Provides a tax credit of up to 30% for up to 15 years on new state tax revenues generated by businesses seeking
to expand in or relocate to Idaho by adding new, qualifying jobs.

Data Center Tax Exemption: Offers sales tax exemptions on server equipment as well as construction materials used by companies constructing new data center facilities in Idaho.

Idaho College Savings Program Employer Tax Credit: Provides 20% tax credit for contributions made to an employee’s IDeal college savings account. The credit is capped at $500 per employee per taxable year.

EDCs

Idaho Economic Development Association
iedassociation.com

Clearwater Economic Development Association
clearwater-eda.org

Panhandle Area Council
pacidaho.org

Southern Idaho Economic Development
southernidaho.org

HIGHLIGHTED PROGRAM OR INITIATIVE

The LAUNCH grant program offers students a onetime opportunity to have 80% of tuition and fees at an eligible institution covered, up to a maximum of $8,000. Priorities are focused on workforce training or education programs linked to an in-demand career.

BIG DEALS

  • Seattle-based Darigold announced in November 2023 plans to open a new office in Boise.
  • Exyte announced in March 2024 a new office in Boise to serve as its next regional hub in the U.S. The company will eventually add 100 new engineering jobs.
  • Idaho Milk Products announced in August 2024 it will construct a new $200 million facility at its campus in Jerome.
  • Micron is currently constructing a $15 billion leading-edge memory manufacturing plant in Boise that will eventually create 2,000 direct and 15,000 indirect jobs in the area.
  • Meta is constructing an $800 million data center in Kuna that will create 100 jobs.

BIG COMPANIES

Two Fortune 500 companies headquartered in state:

  • Albertsons
  • Micron Technology
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.