Remove Airports Remove Defense Remove Income Remove Union
article thumbnail

Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

Buisness Facilities Contributed Content

Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. ” Sitt continues, Our airports are often the first and last impressions visitors have of our City and country, and every bad first impression has a direct impact on economic activity. .”

article thumbnail

Innovation Is Thriving In Arizona

Business Facilities

While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Mesa has one of the nation’s most unique cybersecurity assets—Arizona Laboratory for Security and Defense Research (AZLabs). In 2016, U.S.

Arizona 76
professionals

Sign Up for our Newsletter

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

article thumbnail

Southern Air Relocates To Northern Kentucky

Buisness Facilities Contributed Content

hub at the Cincinnati/Northern Kentucky International Airport.”. The performance based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets. John Schickel, of Union. “I Wuchner, of Florence.

article thumbnail

Location Focus: Washington – Scenic Vistas And Soaring Industry Side By Side

Business Facilities

More than 20 states had aggressively courted the aerospace giant when in the midst of negotiating a new contract with the Machinist’s Union it signaled it was willing to consider relocation its primary assembly facilities. Inslee praised the union workers who approved the new contract that sealed the state’s long-term deal with Boeing.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108
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
article thumbnail

State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. Union Pacific operates major yards in Little Rock and Pine Bluff, along with a locomotive repair facility in North Little Rock. The Metro Little Rock Region has a labor force of more than 480,000.