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Industry Focus: Aerospace Sector Is Flying High Again

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A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7

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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108
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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.

Income 75
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Location Focus: Florida – Rebounded And Ready

Business Facilities

The North RO Plant, completed in 2010, is capable of processing 12 million gallons/and is poised to meet build-out demands. Less Taxing” since there is no state personal income tax—a key point for consideration, especially for the attraction and retention of key employees. and is projected nationally by Forbes to be the No.

Florida 46
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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

Plus, metro Atlanta is a digital supply chain leader as home to the world’s busiest and most efficient airport and a destination with an easily accessible port. It will augment current R&D, engineering and manufacturing capabilities in Maryland and Europe operated by AST&Science and its subsidiary AST&Defense.

Metro 108
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BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

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It is a right-to-work state, has a fixed 6 percent corporate income tax rate and has one of the lowest average workers’ compensation costs and unemployment burdens in the U.S., PPI/Time Zero, a leading provider of high-reliability electronics to companies in the aerospace, defense, medical and industrial sectors, recently invested $1.15

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. Aerojet, a major space and defense contractor also based in Folsom, has a corporate mandate for sustainability in all areas of its organization.