article thumbnail

Chiquita To Return Shipping Operations To Port Of New Orleans

Buisness Facilities Contributed Content

has announced the company will relocate its shipping operations from the Port of Gulfport in Mississippi to the Port of New Orleans in Louisiana. . million in a port-owned distribution/ripening facility to be leased to Chiquita. Posted by Heidi Schwartz . Chiquita Brands International Inc. per TEU (total value of $1.11 million to 1.45

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

Automotive Industry Focus: Hitting On All Cylinders

Buisness Facilities Contributed Content

However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. MADE IN MISSISSIPPI MEANS QUALITY. Prior to Nissan’s opening, no automobile had been produced in Mississippi.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

El Paso 106
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

Income 108
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. Houston (Zone 84) and El Paso (Zone 68) also shined in BF’s new ranking of top Foreign Trade Zones. The highway network is also growing.

Metro 110
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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 principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

Income 75