Facebook Builds Data Center in Utah
Posted by Staff Writer on 5/31/2018 to
Tech Business
Facebook Builds Data Center in Utah
Mega Project off the I-15 Corridor in Eagle Mountain
IncSmart Utah (Small Business and Startups) - Facebook will build a data center in Eagle Mountain Utah. The cost of the facility is $750 million. Facebook may hire up to 100 people for the two building center. Hiring will also create over 1000 construction jobs for the length of the project. Construction is expected to last 18 months. The facility is sitting on 500 acres at the end of Pony Express Parkway. Construction will begin this month.
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Petroteq Updates Utah Facility
Posted by Staff Writer on 5/23/2018 to
Energy Industry
Petroteq Updates Utah Facility
Development of Utah Oil Sands
IncSmart Utah (Small Business and Startups) - Petroteq Energy expands it's plant in Vernal Utah for Asphalt Ridge Heavy Oil extraction. All systems at the plant are fully functional for the May commercial production date. Petroteq Energy is a Canadian registered LLC with offices in Toronto and Los Angeles. It's initial plant will be in Vernal Utah. Utah has over 30 billion barrels of undeveloped oil fields.
NASA Launches Rocket from Virginia
Posted by Staff Writer on 5/21/2018 to
Space Industry
NASA Launches Rocket from Virginia
Orbital ATK Sends Supplies to the International Space Station
IncSmart Virginia (Small Business and Startups) - NASA launches Rocket from Wallops Flight Center in Virginia. One of NASA's space program contractors, Orbital ATK, has just launched supplies to the International Space Station. Orbital ATK was created from a merger with a former Honeywell defense business, with the company Orbital, former Harvard friends.
Wyoming to be Cryptocurrency Leader
Posted by Staff Writer on 5/17/2018 to
Market Sectors
Wyoming to be Cryptocurrency Leader
Limited Liability Companies Laws Changes
IncSmart Wyoming (Small Business and Startups) - Wyoming to be cryptocurrency leader by becoming the most bitcoin friendly state in the nation. Governor Matt Mead, just signed into law, to make limited liability corporations or LLCs, friendlier to Blockchain companies. This is creating a large number of companies with crypto or Blockchain in there names, to register in Wyoming and to take advantage of the new tax incentives.
New Jersey to Start Sports Betting
Posted by Staff Writer on 5/15/2018 to
Sports Business
New Jersey to Start Sports Betting
Monmouth Park First Location
IncSmart New Jersey (Small Business and Startups) - New Jersey to start sports betting. After Monday's Supreme Court opinion repealed the 25 year old Federal law that prohibits sports betting outside of Nevada, New Jersey is making plans. Watching sports in casinos and ball parks, have a new twist. Betting will also include sports fantasy internet sites.
California to Require Solar on New Homes
Posted by Staff Writer on 5/9/2018 to
Real Estate
California to Require Solar on New Homes
New Laws to Start by 2020
IncSmart California (Small Business and Startups) - California will become the first state in the union to require solar panels on all new homes. This law will require all building, three stories high, including single family homes and condos, to install solar starting 2020. Still needs final approval from the California Building Standards Commission.
California to Expand Convention Facilities
Posted by Staff Writer on 5/8/2018 to
Business Opportunities
California to Expand Convention Facilities
Los Angeles Convention Center Growing
IncSmart California (Small Business and Startups) - The operator of the Los Angeles Convention Center, Anschutz Entertainment Group, is proposing a $1.2 Billion expansion. The expansion would be a public and private partnership and will include a new 40 tower hotel. They are requesting tax incentives for the project. The proposal outlines an aggressive time table to end the construction in 2021.
Washington to Raise Taxes for Homeless
Posted by Staff Writer on 5/2/2018 to
Federal and State Taxes
Washington to Raise Taxes for Homeless
Seattle Slams Amazon
IncSmart Washington (Small Business and Startups) - Washington to raise taxes on business for the Homeless. Seattle to pay millions of dollars to help city deal with homeless problems. The largest job creators in the city will be hit the hardest. The money will be spent on homeless shelters and affordable apartments for the 4000 plus people living on the streets.
Amazon Hires in Massachusetts
Posted by Staff Writer on 5/1/2018 to
Tech Business
Amazon Hires in Massachusetts
New Office Opens 2021
IncSmart Massachusetts (Small Business and Startups) - Amazon will hire over 2000 employees in Boston. It's new office will open in 2021, transforming the Boston waterfront. The company will double it's existing workforce. Amazon has already invested over $400 million in Massachusetts.