CEO Guide to Site Selection

Idaho

SEMICONDUCTOR GROWTH IN THE GEM STATE

Bringing back semiconductor manufacturing to the United States is shaping up to be a big win for many states in the West, including Idaho. Boise-headquartered Micron recently announced a $15 billion expansion and 2,000 jobs at a facility in Boise. As part of its commitment to the state, it will also funnel additional investments to expand K-12 STEM education and deepen its partnership with universities. The company is also opening a world class childcare facility for its growing employees. Along with the semiconductor industry, food processing and advanced manufacturing are two fast growing sectors. Last fiscal year, 16 companies either expanded or located to the state due to the pro-business climate and economic resiliency.

“Idaho sets the example for the rest of the country to follow, even amid historic inflation. In Idaho, we stand up for limited government and responsible strategic in- vestments where they count, and our approach works. The proof is in the performance.”
Brad Little
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

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

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2010 and 2020

KEY INCENTIVES

Tax Reimbursement Incentive: Offers a tax refund of up to 30% of its income for up to 15 years for creating at least 20 jobs in rural areas and 50 in urban areas.

Idaho Business Advantage: Offers enhanced incentives for businesses that invest at least $500,000 in new plant facilities that create at least 10 jobs paying $40,000annually.

Workforce Development Training Funds: Offers reimbursement for the training of new positions being created or retained.

Information Technology Equipment Exemption: Offers a sales tax exemption on server equipment and construction materials used in the construction of a new data facility.

EDCs

Economic Development Districts of Idaho commerce.idaho.gov/communities/economic-development-districts-idaho

Southern Idaho Economic Development
southernidaho.org

Boise Valley Economic Partnership
bvep.org

Nampa Economic Development
cityofnampa.us/858/Economic-Development

HIGHLIGHTED PROGRAM OR INITIATIVE

Formed in 2020, the Idaho Commerce Office of Broadband’s mission is to improve broadband access across the state. In its first year, the office awarded more than $38 million to fund 83 projects across Idaho, improving broadband infrastructure and service for Idaho households, businesses, libraries, healthcare clinics, hospital facilities, public safety organizations and local governments in 147 communities across the state.

BIG DEALS

  • Azek announced in March 2021 a $107 million manufacturing facility for deck products in Boise.
  • Lamb Weston announced in July 2021 a $490 million expansion in American Falls.
  • True West Beef announced in July 2021 a $195 million processing plant in Boise.
  • Micron announced in September 2022 it will invest $15 billion in a leading memory manufacturing facility in Boise. The project is expected to create 2,000 direct jobs.
  • Meta announced in February 2022 it will construct an $800 million data center in the city of Kuna.

BIG COMPANIES

2 Fortune 500 companies headquartered in state:

  • Albertsons (Fortune 500 headquarters)
  • Boise Cascade (Fortune 500 headquarters)
  • Lamb Weston Holdings
  • Micron
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.