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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. Business Facilities’ 15th Annual Rankings: State Rankings Report.

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Workforce Training: Engineering A Skilled Workforce

Buisness Facilities Contributed Content

Culpeper’s five strategically located Tech Zones provide incentives to qualified technology zone businesses. In addition, businesses that qualify for technology zone grants will receive reimbursements up to 100 percent of the cost for building permits and site plan review permits for the property subject to technology zone grants.

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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.

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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.

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) Hours of Service (HOS) rule that went into effect on July 1, 2013 could create a reduction in industry productivity, projecting the need for another 100,000 drivers without an increase in shipping volume. While trucking transportation costs rose 2.9

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SPECIAL REPORT: The Carolinas Are Bringing The Business

Buisness Facilities Contributed Content

In our wireless world, mobile and broadband networks create economic opportunities for health care, manufacturing, education, transportation and public safety, and virtually every other economic section.”. In January of 2013, the Oconee County Economic Development Commission released its new five-year strategic plan for economic development.