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State by State Incentives Guide

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Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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Nucor Direct Reduced Iron Plant Completed In St. James Parish, LA

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The $750 million plant is the first of a potential five-phase project in the parish, which is located on the Mississippi River approximately 60 miles north of New Orleans. Nucor’s investment in Louisiana is one of the reasons we have more people working and living with higher incomes than ever in our state.”. James Parish.

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Automotive Industry Focus: Hitting On All Cylinders

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MADE IN MISSISSIPPI MEANS QUALITY. Prior to Nissan’s opening, no automobile had been produced in Mississippi. Also in 2015, the plant celebrated production of its 3 millionth vehicle, another exciting milestone for the plant, its workforce and the entire state of Mississippi.

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Global Growth Surge in Southwest Louisiana

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The Director of Economic Development, Frank Fink will serve as the Parish guide to finding the right site, work through Zoning and Permitting issues and provide a complete set of regional demographic data and interpretation. The Port also operates one of the most active Foreign Trade Zones (#124) in the country.

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FEATURE STORY: 2013 Economic Development Awards

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In 2012, the Alliance visited 178 companies to assist with access to capital, workforce training opportunities, permitting issues and site location assistance. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.