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LOCATION FOCUS: Texas: Big Heart, Country, Business

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By December 2011, Texas employers had replaced all of the jobs shed during the recession compared with the nation’s 44 percent recovery. The Lone Star State was named 2011’s leading exporting state for the tenth year in a row (according to data released by the U.S. Department of Commerce) with exports in 2011 totaling more than $249.8

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Cover Story: New Energy Powers Growth

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Pennsylvania went from importing 75 percent of its natural gas requirements in 2007 to becoming a net exporter of natural gas in 2011; PA is now the second-largest natural gas producing state in the United States. ethanol production grew by more than 50 percent between 2009 and 2011. All other sections were written by Jenny Vickers.].

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STATE INCENTIVES GUIDE

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FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. EXTENSION OF THE ANGEL INVESTMENT TAX CREDIT PROGRAM: Originally set to expire in 2011, the program is now available until June 30, 2016.

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