The Layne Christensen Company will soon be moving out of state. The mining and drilling company is leaving its headquarters in Mission Woods, Kansas, after 88 years, for a new facility north of Houston, Texas. The Houston Chronicle reported that the move should be complete by the spring and will create over 200 jobs over the next five years. The relocation is expected to cost approximately $6.7 million.
The news source notes that the Layne Christensen Company was motivated to move by incentives from the Texas Enterprise Fund. The program offers businesses grants and tax breaks in exchange for moving to the Lone Star State and creating new jobs.
Capitalizing on similar programs can help businesses expand without hurting their bottom lines. Many states offer incentives and usually cover some of the costs associated with corporate relocation, such as the construction of new facilities and the maintenance of surrounding areas.
Corporate relocation companies like Stevens Worldwide Van Lines can help businesses take advantage of out-of-state incentives. The experienced nationwide movers will quickly pack, store and transport all necessities so companies can leave their old facilities and start production in their new headquarters.