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South Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of South Carolina economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. This formula is advantageous for a company whose majority of sales occurs outside South Carolina. million or greater on new buildings and equipment.

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The first, announced in 2012, is ConAgra’s new facility and research agreement. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The City has two HUB Zones through SBA, and is a New Market Tax Credits eligible community.

El Paso 106
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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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Under a public-private partnership (P3) agreement with Ports America Chesapeake, a 50-foot deep container berth was constructed in 2012. The cranes were also part of the agreement. Under the agreement, Ports America Chesapeake has daily operational control of Seagirt, but the state continues to own the facility.

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State by State Incentives Guide

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Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Washington County boasts a regional life science community with more than 11,000 professionals living in the area; a supportive community college with a successful biotech program and Fort Detrick internship agreement; and a high-tech business incubator. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates.

Metro 111
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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement.

Income 75
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Cover Story: 2014 Business Facilities Rankings Report

Business Facilities

Last year, the state signed an agreement with Mercedes-Benz that recognizes Shelton State Community College as one of the best in its field in preparing individuals for careers in manufacturing. Mercedes-Benz U.S. In January, Texas completed the last segment of the $6.8-billion percent from a Recession high of 12 percent. Far West U.S.

Louisiana 111