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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

4 in Best Business Climate, Texas—all have been perennial contenders for BF’s top honor, the State of the Year Award: Texas and Tennessee each have won the award three times since it was created in 2007; Virginia was the 2018 SOTY; Alabama won BF’s top award in 2017. “An The center will ultimately employ up to 2,000 associates.

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Mississippi: A Winning Recipe

Business Facilities

Toyota Mississippi said that construction of the 15,000-square-foot visitor and interactive training center would begin in late 2018 with a targeted completion date in mid-2019. The new manufacturing operations will begin in 2018. The phase out reduces the current $2.50 tax for each $1,000 of capital by $.25

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The $600-million Institute already is well on its way to establishing the region as a national hub for producing next generation integrated photonics, a light science with the potential to transform communications, medicine and national defense, and could create thousands of jobs. Andrew Cuomo. ACHIEVEMENT IN WORKFORCE TRAINING.

Indiana 40
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Keeping Up With Advanced Manufacturing

Business Facilities

Major assets luring advanced manufacturers to Tennessee include initiatives to expand postsecondary attainment such as the Tennessee Promise and Drive to 55, which aim to increase the number of Tennesseans with a postsecondary degree to 55 percent by 2025 and ensure employers have a pipeline of skilled workers. To achieve that end, Gov.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

Already a top state in aluminum-production capacity, Kentucky boasts an auto-parts supplier network of more than 500 facilities and a demonstrated commitment to training the next generation of advanced manufacturing specialists, tailor fit for the needs of individual employers. The plant began production of the all-new 2018 Camry in June.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone. The credit is 20% of the actual costs limited to the employer’s income tax liability. WORKFORCE DEVELOPMENT .

Income 108
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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A certificate of eligibility must be obtained from the Energy, Minerals, and Natural Resources Department to apply for this credit. The credit may be carried forward for four years from the date of the certificate of eligibility. Department of Defense. Qualified employers: . Occupied for at least 48 weeks by the employee.