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Autocar Chooses Alabama For $120M Investment

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Indiana-based Autocar is investing $120 million to open an Alabama heavy truck assembly operation with 746 jobs. Image: Alabama NewsCenter). Average annual base compensation for all employees, ranging from management to production, will be $58,656. The property sits within the city limits of both Birmingham and Center Point.

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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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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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