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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Apple’s selection of Austin as the site for its new $304-million Operations Center was the Bronze Award winner in Business Facilities ’ 2012 Economic Development Deal of the Year competition. The riverfront complex is being built on the old Advocate newspaper site. At year-end 2012, 190,900 jobs had been added with wages totaling $9.9

Metro 111
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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
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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