Leeds Look Listen Plans Headquarters In Blaine County, Idaho
12/27/2016
The company, which spells in name in all lower-case letters, is focused on the sale and installation of bespoke, high-definition audio systems for the residential market. leeds will establish their headquarters and bring their manufacturing to rural Idaho, currently being contracted in upstate New York.
“Sun Valley has been an excellent proving ground for our business. Idaho affords us the opportunity to consolidate operations closer to our customers and achieve efficiencies in design, engineering, and manufacturing that will allow us to scale our business nationally and internationally,” says CEO Gary Leeds. “The availability of a motivated workforce and the support we have received from local and state organizations has convinced us Idaho means business.”
As an incentive, Idaho Economic Advisory Council approved leeds to receive a Tax Reimbursement Incentive (TRI) of 18 percent for a term of 9 years.
“We are thrilled that leeds look listen is making a meaningful and significant investment in the rural town of Carey with their beautiful designs and innovative products,” Idaho Commerce Director Megan Ronk said. “The Wood River Valley continues to attract new and growing businesses, and we are especially excited about the meaningful job opportunities that this company will offer in one of Idaho’s smallest communities.”
“Sun Valley Economic Development welcomes leeds to Blaine County as a unique opportunity to increase our manufacturing base and provide new employment opportunities,” said Harry Griffith, the Executive Director of Sun Valley Economic Development. “We hope that leeds will be able to leverage the Sun Valley brand to become a global player in the international high tech audio marketplace.”
Project Announcements
Aerostar Expands Mobile, Alabama, Operations
11/20/2024
Four States Bank Establishes Carthage, Missouri, Headquarters
11/20/2024
Gifthealth Expands Columbus, Ohio, Distribution Operations
11/20/2024
Netherlands-Based Voortman Steel Machinery Expands Monee, Illinois, Operations
11/19/2024
Solventum Relocates-Plans Eagan, Minnesota, Research Operations
11/19/2024
Canadian-Based CMC Electronics Plans Reston, Virginia, Research Operations
11/18/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
The Role of Rail in Industrial Development
Q4 2024
-
Hydrogen Industry in Canada: A Global Leader in the Clean Energy Revolution
Q3 2024
-
Exploring the Dynamic Landscape of Industrial Packaging Solutions
Q3 2024
-
Which AI Tools Work for Job Recruiters?
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024