article thumbnail

Location Focus: New York – The Empire State Leverages Its Strengths

Buisness Facilities Contributed Content

New York is one of the most dynamic and diverse state economies in the country. And with close to 300 public and private universities, New York also is an education powerhouse. The Town of Islip has long been known as a leader of economic development in New York. Kennedy Airport.

article thumbnail

Sky Box

Business Facilities

The demand for new warehouse space is so great that in densely populated parts of the country distributors are starting to maximize their square footage by building up instead of out. billion in an Amazon Prime air-freight hub based at Cincinnati/Northern Kentucky International Airport. We’re not talking about skyscrapers here.

professionals

Sign Up for our Newsletter

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

article thumbnail

Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

percent in 2014 due to stronger shipment volumes and inventory carrying charges that were up 2.1 Its proximity to O’Hare International Airport means that residents and businesses alike have direct, non-stop access to 200 destinations worldwide through 1,400 daily departures. Midwest Airports. percent in 2013 and 8.3

Roads 41
article thumbnail

Snapshots: 60 Seconds… With Bill Hagerty, Commissioner, Tennessee Department Of Economic And Community Development

Business Facilities

To lure new high-tech ventures, Reno is emphasizing its proximity to Silicon Valley (the city is a four-hour drive from San Francisco) and the fact that Nevada has no corporate or inventory taxes. For industries focused on just-in-time inventory and working capital management, there is no better location. and around the world.

article thumbnail

SPECIAL REPORT: Two Train Cars Forward, Three Cargo Ships Back

Buisness Facilities Contributed Content

Logistics incorporates the complexity of integrating information, transportation, inventory, warehousing, material handling and packaging. business logistics costs include three main categories: Inventory Carrying, Transportation and Administration. The report reveals that this number rose to $1.28 trillion in 2011, a 6.6

article thumbnail

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

Buisness Facilities Contributed Content

To attract new industries and accommodate the needs of expanding businesses, the local governments offer attractive and competitive incentive packages, including industrial revenue bond financing which allows for real and personal property tax abatements through PILOT agreements, and a variety of other tax credit and rebate programs.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. But the majority of states are not ready to deal with the avalanche of data being generated by the new advanced metering infrastructure, Utility Dive reports.

Indiana 40