The Indiana Economic Development Corp. offered Alliance Steel more than US$2.7 million in conditional tax credits.
About 1,000 employees will remain at six Honeywell locations in New Jersey.
The three companies will be United Technologies, which will house its aerospace and defence industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.
Whether a small business wants to buy or rent, it may have leverage with landlords or local governments to get breaks on rent or taxes.
Ensign insists the cash value of its offer of about $470 million now outweighs the all-shares offer by Precision.
Quebec’s financial market regulator announced Thursday it is reviewing Bombardier’s executive compensation plan.
The sprawling company’s broad reach has left it vulnerable to market shifts in many industries.
Last week, a US judge blocked a permit for TransCanada’s Keystone XL project and ordered officials to conduct a new environmental review.
Australian telecommunications executive Robyn Denholm has taken over.
The company also announced the sale of what it called a number of non-core assets.
The company had expected up to $285 million in sales from as many as 760 stores within the next year or so.
Reports suggest the e-commerce firm will split new location between New York City and Washington, DC.
Buyout offers were made Wednesday to salaried workers in North America with 12 or more years of service.
The bump was attributed to higher oil prices and streamlined operations.
The multinational will split its power business into two divisions, one focused on gas and the other on steam, nuclear and other power solutions.