Remove Houston Remove Leases Remove Union Remove Zoning
article thumbnail

Global Growth Surge in Southwest Louisiana

Business Facilities

While standing next to each other during a press conference, Louisiana Governor John Bel Edwards and Lotte CEO Soon Hyo “Steve” Chung told a group of onlookers that the company would establish its headquarters in Lake Charles (relocating from Houston). Generally these sites are leased. There is no property tax on the land or buildings.

article thumbnail

Ports And FTZs: Enter With Less Risk

Business Facilities

Foreign-Trade Zones (FTZs) Program was created in 1934 with the goal of helping businesses in the U.S. According to the National Association of Foreign Trade Zones (NAFTZ), in 2014, goods exported directly from U.S. The value of shipments into zones totaled nearly $660 billion, compared with $798 billion the previous year.

Risk 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. Austin, TX tops the list, followed by El Paso, McCallen and Houston. Houston (Zone 84) and El Paso (Zone 68) also shined in BF’s new ranking of top Foreign Trade Zones.

Metro 110
article thumbnail

Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. Positive absorption remains in all industrial submarkets in DuPage County, showing continued strength and growth in the county in leasing, user sales and construction completions.

Roads 41
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

While the appearance of exports behemoths like New Orleans and Houston in the top 10 are not surprising, some may raise their eyebrows when they see Youngstown, OH at the top of the chart and Toledo, OH in the top 10. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. Youngstown, OH: Exports Engine.

Metro 111
article thumbnail

Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. There also is Arkansas’s state-of-the-art railroad infrastructure comprising three Class I systems: Union Pacific, BNSF Railway and Kansas City Southern Railway.