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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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ALABAMA SITES ARE READY FOR JOB-CREATING GROWTH. million aviation technical school is nearing completion at the Fairhope Airport Industrial Park, designated at an Alabama AdvantageSite. It’s not just southern hospitality and charm that are driving economic growth in Alabama. million in capital investments.

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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

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During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. A supplier network already is queuing up to put down roots in Alabama to service Airbus. CPRT estimates that the new complex will result in the creation of approximately 600 construction jobs. “We

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FEATURE STORY: 2013 Economic Development Awards

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Highlights include the largest industrial spec development lease in the last five years in Broward County. The local economic development office for Rochester, NH led the Recruitment Team for the project, and persevered during a two year selection and negotiation process, managing a complex package of deliverables.

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State by State Incentives Guide

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ALABAMA - updated for 2014. Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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