• Texas Enterprise Fund: The TEF is managed by the Governor of Texas, Rick Perry, and is considered to be the state's "deal-closing" fund. The TEF can be used for a variety of economic development projects, including infrastructure development, community development, job training programs and business incentives. Capital investment, job creation, wages generated, financial strength of the applicant, applicant's business history, analysis of the relevant business sector, and federal and local government and private sector financial support of a project are all considered to be significant factors in approving the use of the Texas Enterprise Fund.

• Enterprise Zone: The Taylor site is located in a Texas Enterprise Zone which provides additional State incentives to the company such as a refund of State sales and use tax paid (6.25 %) for building materials, machinery and equipment, electricity and natural gas purchased and consumed in the normal course of business.
  • For sites located within an enterprise zone, the company commits that at least 25% of their new employees will meet economically disadvantaged or enterprise zone residence requirements.

State Sales Tax Exemptions:

• Manufacturing Machinery & Equipment - Leased or purchased machinery, equipment, replacement parts, and accessories that have a useful life of more than six months, and that are used or consumed in the manufacturing, processing, fabricating, or repairing of tangible personal property for ultimate sale, are exempt from state and local sales and use tax. Texas businesses are exempt from paying state sales and use tax on labor for constructing new facilities. Texas businesses are exempt from paying state sales and use tax on the purchase of machinery exclusively used in processing, packing, or marketing agricultural products by the original producer at a location operated by the original producer.

• Natural Gas & Electricity - Texas companies are exempt from paying state sales and use tax on electricity and natural gas used in manufacturing, processing, or fabricating tangible personal property. The company must complete a "predominant use study" that shows that at least 50% of the electricity or natural gas consumed by the business directly causes a change to a product.