article thumbnail

Deepwater Horizon: Three Years Later

Buisness Facilities Contributed Content

The five states that were impacted by the Deepwater Horizon disaster (including 665 miles of contaminated coastline), Gulf Coast business owners, the federal government and BP have spent the past three years dancing a slow legal tango that has assessed clean-up costs, fines and other liabilities.

article thumbnail

H&A Public Incentive Legislation Update

Buisness Facilities Contributed Content

The Alabama legislature had a very active 2012 session in terms of economic development initiatives. Understanding the competitive economic climate, legislatures across the country continue to propose new legislation to compete in today’s tenuous economic environment.

Alabama 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

They operate three industrial parks in Oswego County—the Oswego County Industrial Park in Schroeppel, the Airport Industrial Park in Volney and the Lake Ontario Industrial Park in the city of Oswego—with other sites currently being studied for potential business parks. 68; it is administered through El Paso International Airport.

El Paso 106
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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.

Income 108
article thumbnail

COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

After more than 18 years of planning, work finally began in late January on a new, 8,000-foot-long runway at Fort Lauderdale-Hollywood International Airport. Runway 9R-27L, located on the south side of the airport and running parallel to Griffin Road, is now being rehabilitated and lengthened. million passengers annually.

Omaha 76
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75