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SoftBank-Backed Construction Technology Startup Katerra Set to Close

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Katerra entered the industry with a hefty goal: to revolutionize the $12 trillion global construction industry. Founded in 2015, the company received $1 billion in funding from SoftBank and was once valued at $4 billion, according to TheRealDeal. It laid off hundreds of employees last year and neared bankruptcy.

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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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Targeted Industries: IT, Hospitality & Rec., GDP (All Industry 2011): $301.1 A 2011 report for the State of Maryland projected that the state could need new generation capacity as early as 2015. The company filed for a Chapter 11 reorganization of its debts in U.S. Maryland Exports Surged to Record Level in 2012.

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

Income 108
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STATE INCENTIVES GUIDE

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Industries that qualify for the CAPCO program may include manufacturing, processing, or assembling products; conducting research and development; or providing services. ALABAMA INDUSTRIAL ACCESS ROAD & BRIDGE PROGRAM: Provides financial assistance to communities for industrial access to new and expanding industries.

Income 75