Logan City Council is doubling down on investment incentives aimed to bring big business to town.
Previously $500,000, the city’s Investment Attraction Incentive Fund has been boosted to $1 million in the recent budget.
Money is used to help businesses relocate to the city, or to set up significant operations.
In its first three years, the fund has helped 15 businesses with their move. Council claims that equates to $120 million to the local economy, and around 940 jobs, albeit not all of them new.
Sportswear brand LSKD is among companies to make Logan home.
LSKD was awarded funding from the Investment Attraction Incentive Fund in December last year and will consolidate its global operations into a new state-of-the-art $7 million 3500sq m office/warehouse in Loganholme later this year.
LSKD chief executive oficer Jason Daniel, a proud City of Logan resident, said local headquarters would employ about 50 staff.
“Not only was it a great opportunity, but Logan is very central to everything,” Mr Daniel said. “It’s on the highway, close to Brisbane, the Gold Coast and Ipswich and it’s a great hub to create more jobs.
“Having the business located in Logan, where I grew up and still live, is just the icing on the cake.”
LSKD has tapped the innovative services of another successful recipient of the Attraction Investment Fund in Wing to deliver its products to customers using drone technology.
Deputy mayor Jon Raven said council has a pivotal role to play in business attraction and retention across the city.
“The success of investment attraction means more jobs for our community,” he said.
“We have already seen a number of major companies set up base here in locations such as Berrinba, Crestmead and Loganholme.
“That is not only helping to boost our local economy; it has also created more opportunities for our residents to get jobs close to where they live.”
