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Business Facilities’ 2015 State of the Year: Alabama

Buisness Facilities Contributed Content

Business Facilities’ 2015 State of the Year: Alabama originally appeared on Business Facilities - Economic Development, Site Selection & Workforce Solutions. When you talk to folks in Alabama, you might think from the slow-and-easy rhythm of conversation in the Deep South that nobody’s in a hurry to do anything.

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Business Facilities’ 2015 State of the Year: Alabama

Buisness Facilities Contributed Content

When you talk to folks in Alabama, you might think from the slow-and-easy rhythm of conversation in the Deep South that nobody’s in a hurry to do anything. The Crimson Tide is rolling, big time, and now it’s brought in our top honor: Alabama is BF’s 2015 State of the Year. billion haul in capital investment for Alabama.

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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. Tennessee is proud to be a right-to-work state with no personal income tax on wages. To put it more succinctly, BF’s rankings always are looking forward, anticipating tomorrow’s leaders from today’s results.

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FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Alabama Industrial Development Training (AIDT); Enterprise Florida. business experience. WyoRECs™ Renewable Energy Credit Discount Program.

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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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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.”. “The investment we’re making in our wireless and wireline networks is essential to spurring South Carolina’s economy and creating jobs.

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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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