Buisness Facilities Contributed Content
FEBRUARY 23, 2016
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.
Buisness Facilities Contributed Content
FEBRUARY 23, 2016
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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Buisness Facilities Contributed Content
SEPTEMBER 25, 2012
The Alabama legislature had a very active 2012 session in terms of economic development initiatives. Understanding the competitive economic climate, legislatures across the country continue to propose new legislation to compete in today’s tenuous economic environment.
Buisness Facilities Contributed Content
APRIL 15, 2014
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.
Buisness Facilities Contributed Content
MARCH 21, 2014
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.
Buisness Facilities Contributed Content
APRIL 18, 2013
Qualifying businesses are eligible to receive an accelerated, 10-year state income tax depreciation deduction, a sales tax exemption for equipment and materials purchased from the date of the project’s certification until three months after the facility is completed, and a 10-year ad valorem tax exemption. Great Lakes U.S. - New England U.S.
Buisness Facilities Contributed Content
OCTOBER 18, 2012
Available to businesses of all sizes and a wide variety of industries, these incentives benefit business in many ways, including reduction or elimination of property, payroll, income and/or sales tax liability; customized job training; and special financing, grants and loans. Union Pacific, ConAgra Foods, Peter Kiewit Sons, Inc.
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