Corporate relocations and expansions create a lengthy list of legal, financial and regulatory issues. We know how much controlling these and other matters can impact the immediate and ongoing success of such ventures.

Tax incentives often finalize a go or no-go decision. How employment and environmental regulations are addressed during site selection can impact later expansion. Corporate finance and construction agreements often determine whether or not a major move or expansion is ever started or completed on time and within budget. Providing proven and practical counsel, we advise clients on these and other economic development decisions so management can have greater confidence in their decision-making, maintain control of projects and, ultimately, complete their developments on time and within budget.

We provide this comprehensive counsel to domestic and multinational clients, either directly or by supporting their site selection consultants. The capital investments range from the millions to hundreds-of-millions. Our clients range from automotive and chemical companies to pharmaceutical manufacturers and start-up life sciences enterprises. 

With all of our clients, we bring to bear our experience and customized service approach to help increase control and confidence in management decisions, while decreasing the time required to move from site selection to planning, building and operating. We use proprietary planning techniques and tools to define our scope of services and to identify efficiencies and potential delays as a project moves forward.

Experience Highlights

We represent domestic and multinational clients in a broad range of interlocking economic development issues, including:

• Manufacturing investment in the United States and overseas
• Tax structuring
• Corporate finance and construction financing
• Site acquisition and land purchase agreements
• Due diligence
• Construction contract negotiation and documentation
• Environmental permitting
• Employment, employee benefits and immigration
• Government relations
• Preparation of intercompany agreements
• Preparation of commercial agreements, including equipment acquisition and leasing, supply agreements, distribution agreements and agreements for the sale and purchase of goods
• Licensing of international technology and other intellectual property
• Corporate compliance monitoring and post-startup advice

We routinely represent clients pursuing economic development projects in North Carolina and South Carolina, with respect to the following incentives:

• William S. Lee Quality Jobs and Expansion Act credits
• One North Carolina Fund grants
• Job Development Investment Grant (JDIG) assistance
• Fee-in-lieu-of-tax property tax arrangements (FILOT) and operational compliance
• Job tax credits
• Special source revenue bonds and credits, tax increment financing (TIF) and special assessment districts
• Multi-county business/industrial park participation
• Enterprise zone/job development credits
• Corporate headquarters, R&D and infrastructure tax credits
• Set-aside grants
• Local tax grants and other incentives
• Property tax abatements
• Industrial revenue bonds
• Tax increment financing
• Employee training program commitments
• Infrastructure commitments, including Community Development Block Grants
• Income allocation and apportionment agreements
• Annexation agreements
• Memoranda of agreement and development agreements
• Design/build lease financing
• Special legislation for significant investment

Experience

• Negotiated an incentive package, acquired real property, prepared construction contracts for a new facility and acquired state and local construction and environmental permits for a global textile manufacturer with its initial capital investment in North Carolina
• Prepared lease agreement, negotiated an incentive package, acquired real property and prepared construction contracts in connection with new headquarters and warehouse facilities for an international building products company
• Assisted a global manufacturer with its expansion requiring the acquisition of real property, negotiation of infrastructure improvements including rail, road, utility and bridge construction/expansion, site rezoning, preparation of construction contracts and environmental permits from federal, state and local authorities 
• Secured legislative approval of the largest economic incentive packages in North Carolina history for one of the nation's most successful manufacturing companies 
• Represented a leading manufacturer of plastic products, which was constructing a facility in Arizona, in the acquisition of real property, preparation of construction contracts and assistance with the review and analyses of economic incentives 
• Provided required negotiation and evaluation of tax incentives, leasing of its office space and passage of legislation amending the state tax provisions for a global manufacturer with the relocation of its headquarters to the Carolinas 
• Negotiated an economic incentives package for a major plant expansion for a leading pharmaceutical company

News

• Henry Campen Named 2013 Person of the Year by NCSU Poole College
  April 18, 2013
• Jamie Schwedler Named to Urban Land Institute’s Steering Committee
  April 17, 2013
• Henry Campen Named Board Chair of SECWC
  April 15, 2013
• Steve Benjamin Featured in Bond Buyer Article
  Bipartisan Bond Resolution Introduced in House to Gain Support for Munis
  March 14, 2013
• Sidney Evering Named to Columbia’s 20 Under 40 for 2013
  February 19, 2013
• Steve Benjamin Named to Columbia’s 50 Most Influential People of 2012
  February 11, 2013
• The Bond Buyer Speaks to Steve Benjamin at the U.S. Conference of Mayors Winter Meeting
  February 1, 2013
• Bruce Thompson Named Top Political Influencer in NC
  January 7, 2013
• Bruce Thompson Interviewed by CBJ on New Political Alignment in Raleigh
  CBJ Sound Off: How will the new political alignment in Raleigh affect business law and regulation?
  January 4, 2013
• North Carolina Changes in County Tier Designations: Your Company May Need to Act During December
  Economic Development Alert
  December 6, 2012
• 74 Parker Poe Attorneys Recognized as Best Lawyers® for 2013
  August 23, 2012
• Steve Benjamin Elected USCM Trustee
  June 20, 2012
• George Pretty Featured in CBJ Article on International Law
  Charlotte firms' expertise grows in international law
  May 18, 2012
• Al Guarnieri Interviewed on International Investment by Charlotte Regional Partnership
  April 16, 2012
• Playing the Government Incentives Game
  Public Company Forum Newsletter: Winter 2012
  January 26, 2012
• Parker Poe Names Six New Partners
  January 3, 2012
• Sam C. Moses Featured in Economic Development Article
  Global Carolina Perspectives: Sam Moses and Parker Poe
  December 6, 2011
• Mark Simmons Joins Parker Poe Consulting
  August 3, 2011
• SC Economic Developer's Association Names Ray Jones to Board
  May 20, 2011
• German American Chamber Elects Sam Moses to Board
  May 11, 2011
• Counties Approve Economic Development Incentive Grants for NC Wind Energy Project
  April 27, 2011
• Iberdrola Renewables Announces Permit Application for North Carolina Wind Power Project
  January 28, 2011
• Business North Carolina Names 13 Attorneys to 2011 Legal Elite
  Firm Partner Catharine Biggs Arrowood “Top Vote-Getter” for Antitrust
  January 21, 2011
• Facebook to Build Data Center in North Carolina
  Parker Poe Represents Rutherford County in Negotiations with Company
  November 12, 2010
• 61 Parker Poe Attorneys Recognized as Best Lawyers® for 2011
  August 18, 2010
• Parker Poe Commended for Getting MTU Deal Done
  Law Firm Advised International Manufacturer on Relocation to State
  March 10, 2010
• Exploring for State and Local Business Incentives: Finding the Highest Ground for Growth
  Business Law Alert
  November 11, 2009
• Parker Poe Attorney Sam Moses Appointed to Lead Local Advisory Board
  October 16, 2009
• Parker Poe Among Top S.C. Firms for Economic Development
  July 20, 2009
• Regional Competition Boosts Economy
  August 31, 2007
• Parker Poe Strengthens Its Economic Development Team with the Addition of Sam Moses in Columbia
  August 29, 2007
• Deadline Approaching to Secure Tax Credits at Current Level for Investment in Machinery and Equipment
  December 21, 2002