Buisness Facilities Contributed Content

MARCH 4, 2016

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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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.

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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.

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