M
Mcrae Thompson
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Jun 29, 2026
FTI Experts’ Hub: Funding the Onshore Manufacturing Push
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Laura WallenHOST
Are there particular states, municipalities, or types of local economic development authorities that tend to be more active or sophisticated in using IRBs? What are your clients telling you?

McRae ThompsonGUEST
Yeah, I can give a few examples, and I would just note that, you know, again, every jurisdiction is different.

McRae ThompsonGUEST
So whether you might be dealing with a state, a county, or a municipal entity, but generally speaking, you know, I could just name a few that we've dealt with recently.

McRae ThompsonGUEST
So in Texas, you know, the office of the Texas governor is pretty aggressive in terms of marketing industrial revenue bonds.

McRae ThompsonGUEST
In Virginia, you see more of the regional authorities or kind of the players you want to deal with.

McRae ThompsonGUEST
So like one example, there will be Fairfax County Economic Development Authority.

Laura WallenHOST
Looking ahead, do you expect IRBs and state-level incentives to become even more important as companies pursue larger onshore manufacturing projects across the U.S.?