Remove Airports Remove Debt Remove Defense Remove Travel
article thumbnail

Flying Without Altitude

Business Facilities

When the ribbon was cut on a redesigned and expanded Pittsburgh International Airport (PIT) in 1992, economic development planners had every reason to hope that this world-class facility would drive growth in the region for decades to come. This year, only 300 flights and about 8 million passengers will travel through PIT.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The $600-million Institute already is well on its way to establishing the region as a national hub for producing next generation integrated photonics, a light science with the potential to transform communications, medicine and national defense, and could create thousands of jobs. Andrew Cuomo. ACHIEVEMENT IN WORKFORCE TRAINING.

Indiana 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

LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Aerojet, a major space and defense contractor also based in Folsom, has a corporate mandate for sustainability in all areas of its organization. gigawatt hours of electricity a year.

article thumbnail

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. The program ends December 2016. BEVERAGE CONTAINER RECYCLING INFRASTRUCTURE LOAN GUARANTEE PROGRAM: The Dept. CONNECTICUT.

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). In 2001 the MRZ designation was renewed for the former Williams Air Force Base, now known as Williams Gateway Airport. TAX INCENTIVES.

Income 108
article thumbnail

Sequestration Nation

Business Facilities

This happened during an earlier pre-fabricated budget showdown in 2011, which featured a threatened default on the national debt and resulted in the first-ever downgrade of the United States’ AAA credit rating. And so on and so forth. To sort out fact from fiction, we think it’s useful to check some non-partisan sources.