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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

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are implementing site certification programs called “shovel ready”—meaning that the site is primed and ready for economic development. Certified shovel ready sites are in growing demand among companies and site selection consultants, and they are an increasingly popular tool for communities to attract new business and industry.

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The Travel & Tourism Game

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percent of the nation’s gross domestic product (GDP) in 2018 can be attributed to travel and tourism. Travel ranks 7th in terms of employment compared to other major private industry sectors. Domestic travelers accounted for $933 billion of the 2018 total (86 percent of the total travel expenditures). By the BF Staff.

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Global Growth Surge in Southwest Louisiana

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We selected Louisiana as the site for the state-of-the-art, steam-cracking facility and adjacent ethylene glycol plant due to the advantages of existing infrastructure, including access to competitive feedstock resources, as well as the distribution infrastructure and a skilled and well-trained workforce,” Chung said.

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New Mexico Incentives and Workforce Development Guide

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For a list of New Mexico economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. High Wage Jobs Tax Credit: A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. Qualified employers: .

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New Mexico Incentives and Workforce Development Guide

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For a list of New Mexico economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. High Wage Jobs Tax Credit: A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. Tax Incentives. Apportionment.

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State by State Incentives Guide

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Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., WORKFORCE DEVELOPMENT .

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STATE INCENTIVES GUIDE

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Types of Capital Credit projects include: New Project or Expansion Project: Consists of new investment at a new site in Alabama, or new investment that will expand the capacity and the number of employees at an existing facility. The law allows more than one project on the same site.

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