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

Buisness Facilities Contributed Content

In March, IBM announced a new 800-job technology center in downtown Baton Rouge that will provide software development and software maintenance services to clients in the U.S. with services that address the increasing demand for flexible software to keep up with Big Data, cloud and mobile requirements they are facing.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Traditionally known as the “Creative Capital of the South,” Baton Rouge has established itself as a thriving high-tech hub for IT/software development and digital media while continuing to be an attractive location for corporate headquarters, relocations and traditional manufacturing. The new tech center will provide IBM’s clients in the U.S.

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Seven Projects Land Deal of the Year Honorable Mentions

Buisness Facilities Contributed Content

The new positions will include executive, administrative, network IT, software developers, analysts, cyber security and application developers; the average salary will be $110,000 plus benefits. ALABAMA LANDS ‘PROJECT AXLE”. 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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