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Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA

Buisness Facilities Contributed Content

Targeting a retail cost of $6,800, the company will position the Elio vehicle as a cost-effective alternative to four-wheeled autos. Industrial developer Stuart Lichter, who has acquired other former GM sites, will buy the 530-acre Shreveport site in conjunction with Elio Motors and lease portions of the site to other tenants.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. A business that applies for the exemption must enter into an agreement with the Governor of Alabama. Terms for both are normally 10-20 years and can finance up to 100% of the project costs.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment.

Income 75
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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Gilbert is aggressively moving forward with a daring plan to revive two square miles of property with a variety of commercial enterprises, including hotels, casinos and retail stores.

Metro 111