article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

A state may have the largest installed capacity of a certain type of renewable energy, but that state won’t meet its renewable energy portfolio standard’s goal if only 10 percent of its electricity is generated from renewables. BF Editor in Chief Jack Rogers noted that the top three—and this year’s no.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

percent, the lowest since 2007, according to the Bureau of Labor Statistics. The wind turbines operating at Buffalo’s green energy complex on Lake Erie generate enough electricity to power roughly 15,000 homes; the turbines are under contract to a local utility, Constellation Energy Resources.

Indiana 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

State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Equipment or transmission lines used directly in producing or transmitting electrical power, but not including distribution.

Income 108
article thumbnail

STATE FOCUS: Florida – Let The Sun Shine

Buisness Facilities Contributed Content

Since taking office in 2011, Governor Scott has moved aggressively to cut business taxes and costs, pay down debt and streamline the regulatory environment. This law also applies to manufacturers in a wide range of subsectors. We’re happy to be recognized as now leading the country in FTZ exports as well.”.

Florida 74
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The utility tax on the consumption of electric by licensed manufacturers and food or agribusiness processors is reduced to 2 percent.

Income 75