ChiefExecutive.net

Companies Fueling Growth in Boise

Boise-based Albertsons has grown from fewer than 200 stores to more than 2,300 locations and $60 billion in annual sales in only five years. Other companies headquartered in the area, including SuperSaver Foods, WinCo, Simplot and Heartland Recreational Vehicles, have also seen robust growth. Boise has invested more than $1 billion in public and private projects such as the new Simplot headquarters, City Center Plaza and JUMP (Jack’s Urban Meeting Place, a nonprofit community center).

From the Governor

“Idaho emerged from the Great Recession stronger than ever….We’re not a state that throws money at business attraction, but we have targeted, performance-based incentives, inexpensive power, a great work ethic and among the most stable, business-friendly tax and regulatory climates in the country.” —Gov. Butch Otter

Key Companies

Alliance Data
Boise Cascade
Edward Jones
MWI Veterinary Supplies
T-Mobile
WinCo Foods
J.R. Simplot
Chobani
Lamb Weston
Idaho National Laboratory

Key Contacts

Commerce

Idaho Department of Commerce

Bobbi-Jo Meuleman, Director
208-334-2470
700 W State Street
P.O. Box 83720
Boise, Idaho 83720-0093
bobbi-jo.meuleman@commerce.idaho.gov
http://commerce.idaho.gov/

Key Incentives

Idaho Tax Reimbursement Incentive: Offers a tax credit of up to 30% on income, payroll and sales taxes for up to 15 years for companies that create 20 jobs in rural areas and 50 jobs in urban areas.

Idaho Opportunity Fund: Offers funding at the discretion of the Idaho commerce director for infrastructure improvements to accommodate a new commercial or industrial facility.

Idaho Business Advantage: Offers a wide range of tax credits, sales tax rebates and property tax exemptions for businesses that invest at least $500,000 and create 10 new jobs averaging at least $40,000 per year.

Idaho Investment Tax Credit: Offers 3% tax credit on all new depreciable, tangible personal property used in Idaho.

EDCs

Idaho Economic Development Association: iedassociation.com

Idaho Commerce: commerce.idaho.gov

Boise Valley Economic Partnership: bvep.org

Southern Idaho Economic Development Organization: southernidaho.org

Regional Economic Development Eastern Idaho: easternidaho.org