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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

A central element of the public-private partnership involved in securing the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).

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Seven Projects Land Deal of the Year Honorable Mentions

Buisness Facilities Contributed Content

ALABAMA LANDS ‘PROJECT AXLE”. Polaris Industries announced plans in 2015 to build an advanced manufacturing facility in Huntsville, AL, to produce off-road vehicles, a highly coveted project that will bring as many as 2,000 jobs to Alabama. Shortly afterwards, the Alabama team got word it had secured the Polaris project.

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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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