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Illinois: Unveiling the Future of Digital Design and Manufacturing

Business Facilities

A review of the available space inventory reveals that Wheeling’s industrial parks are experiencing strong demand from both existing and new businesses. The vacancy rate for Chicago-area industrial space fell to six percent this year, with demand remaining strong. It recently completed a $5.9

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

Slow economic growth has kept the percentage low, but the supply chain sector has made great strides in productivity, asset utilization and inventory management in the past three years.” There is no inventory tax, which is particularly advantageous to distribution companies. “Logistics costs as a percentage of GDP in the U.S.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. No personal property or inventory taxes. Inventory Tax Exemption: Effective January 1, 2011, business inventory is exempt from state property taxes (0.15 Real property taxes are among the lowest in the country.

Income 108
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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. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75