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Workforce Training: Engineering A Skilled Workforce

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AIDT, a division of the Alabama Department of Commerce, is the state’s primary workforce training program. AIDT has promoted growth in Alabama through customized workforce training that’s offered at no cost to companies and trainees. It’s actually a milestone,” said Alabama Commerce Secretary Greg Canfield at the opening event.

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SPECIAL REPORT: The Carolinas Are Bringing The Business

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Our state could very well become the aerospace hub, when you bring all these suppliers in here to supply not only Boeing but possibly Airbus in Alabama,” he said. The company plans to add space that will house additional equipment and allow an increase in its machining fabricating, sheet metal and manufacturing capacity.

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State by State Incentives Guide

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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.

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COVER STORY: Editors’ Location Picks

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The Little Rock National Airport is operated by the Airport Commission, whose members are appointed by the Little Rock City Board of Directors. The Alabama governor’s office states that the plant will construct the company’s A320 line of single-aisle aircraft. The mountains of northern Alabama are within a few hours drive.

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STATE INCENTIVES GUIDE

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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.

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