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Icy Hot

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At the conclusion of the World Economic Forum last week, Russian Foreign Minister Sergey Lavrov declared that Russia is eager to mine the Arctic for rubles and prepared to partner with other nations to develop its portion of the Arctic zone.

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Iowa: Moving To The Top Of The Class

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From the September/October 2017 Issue. This high achievement level is one reason a 2017 Chief Executive survey of CEOs placed Iowa second in the nation in worker quality. News & World Report said Iowa has the most reliable electrical grid in the country. By the BF Staff. In addition, Iowa is second in the U.S.

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Georgia Ports See Surge In Private Investments, Record Cargo Volumes

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percent in total tonnage across all terminals during Fiscal Year 2017, and doing it safely and without congestion. Including these announcements, this new activity will bring Savannah’s industrial inventory to more than 57 million square feet, of which less than 2 percent is currently available. Savannah handled 3.85

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State by State Incentives Guide

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Inventory is exempt from property tax. Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. Sales factor further reduces corporate tax burdens.

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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. The increase is to occur in equal increments over a four year period, between 2014 and 2017. percent, between 2014 and 2017.

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Feature Story: 2016 Economic Development Awards

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Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. There are an estimated 4,000 bridges in PA rated structurally deficient.].

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Illinois Revives Premier Corporate Tax Incentives

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From the September/October 2017 Issue. Rauner also enacted an extension of the River Edge Redevelopment Zone tax credit program. The River Edge Redevelopment Zone Program helps stimulate the state’s economy and the local economies where the program is available. News & World Reports. By the BF Staff. Rauner said.