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INDUSTRY FOCUS: Soaring To New Heights

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The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. The uptick came on the strength of a surging commercial aviation market that more than offset a soft defense performance. For 2012, the top 100 Aero/Defense companies reported a record-setting $695 billion in revenue and $59.8

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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The I-69 Corridor serves industry clusters including automotive, defense, aerospace, medical devices and green technology. Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones. The Corridor offers export assistance and Foreign Trade Zones.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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Its aluminum will supply the automotive, aerospace and defense industries. The Work Ready Kentucky Scholarship covers tuition for Kentucky students enrolling in nearly 1,000 certificate and degree programs in five, high-demand sectors. Currently, Peoria has three dynamic, shovel-ready sites in highly sought-after areas of the city.

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State by State Incentives Guide

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Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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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. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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