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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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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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H&A Public Incentive Legislation Update

Buisness Facilities Contributed Content

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.

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

Buisness Facilities Contributed Content

ALABAMA SITES ARE READY FOR JOB-CREATING GROWTH. million aviation technical school is nearing completion at the Fairhope Airport Industrial Park, designated at an Alabama AdvantageSite. It’s not just southern hospitality and charm that are driving economic growth in Alabama. Coupled with one of the lowest tax burdens in the U.S.,

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Georgia Ports See Surge In Private Investments, Record Cargo Volumes

Business Facilities

Both the Governor’s and the Legislature’s support of port deepening and transportation projects have helped make Savannah and Brunswick what they are today. Its completion in the fall of 2018 will cut Atlanta truck traffic by 50,000 trips per year, and expand GPA’s reach into Tennessee, Northeast Alabama and parts of Kentucky.

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