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INDUSTRY FOCUS: Soaring To New Heights

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Shreveport Regional Airport. The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. The uptick came on the strength of a surging commercial aviation market that more than offset a soft defense performance. However, defense companies face an uncertain 2013. By BF Staff.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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The Memphis International Airport is home to the FedEx Superhub. The I-69 Corridor serves industry clusters including automotive, defense, aerospace, medical devices and green technology. Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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A key ingredient to Texas’ success is a comprehensive job creation strategy focused on six key industry clusters: Advanced Technology and Manufacturing; Aerospace, Aviation, and Defense; Biotechnology and Life Sciences; Information and Computer Technology; Petroleum Refining and Chemical Products; and Energy.

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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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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. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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Its aluminum will supply the automotive, aerospace and defense industries. Its infrastructure includes 20 interstates and major highways, rail networks, barge traffic on the Ohio and Mississippi rivers, six commercial airports and dozens of regional airports. And there’s a momentum effect. PEORIA, AZ IS THE SMART CHOICE.