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Autocar Chooses Alabama For $120M Investment

Business Facilities

Indiana-based Autocar is investing $120 million to open an Alabama heavy truck assembly operation with 746 jobs. Image: Alabama NewsCenter). The Indiana-based company’s extensive site selection process revealed that the Birmingham area had the “whole package” for the $120 million project, according to Autocar Chairman Andrew Taitz.

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COVER STORY: 2013 Business Facilities Rankings Report – State Rankings

Buisness Facilities Contributed Content

As priorities for site selection requirements change, we adjust the rankings to give you our most credible assessment of which locations are meeting those requirements. Our new Most Improved Business Climate ranking gives kudos to up-and-comers Ohio, Alabama, Kansas, Minnesota and New Jersey.

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Key to the new marketing initiative was a CEO Council-sponsored hosting event for leading corporate real estate executives, site selection consultants and media outlets, which included a reception at Nova Southeastern University’s new $50-million Oceanographic Center. Cabela’s site is part of Nebraska Technology Park. The company $7.2-million

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

economy into its worst quarter since the Great Depression, with unprecedented declines in gross domestic product, employment, consumer confidence, retail spending, and just about every other metric. . . In a little more than a month, the coronavirus outbreak jolted the U.S. Trying to Anticipate What the Downturn and Recovery Will Look Like.

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FEATURE STORY: Nothing Matters More Than Talent

Buisness Facilities Contributed Content

Alabama’s AIDT (Alabama Industrial Development Training) is a major force for workforce training in the state. Called the Alabama Robotic Technology Park (RTP), the project is helping to move Alabama to the forefront of education, training and technology. AIDT Builds Skilled Labor in AL. aerospace industry.

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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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