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LOCATION FOCUS: Texas: Big Heart, Country, Business

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expansion and is its largest operations office in North America outside of its Menlo Park, California headquarters. It is hopeful that the feasibility study will indicate, as have preliminary analyses, that benefits of the channel project should exceed its $300 million cost. The Austin office represents Facebook’s first major U.S.

Texas 45
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State by State Incentives Guide

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Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. Rural Energy for America Program (REAP): The REAP Guaranteed Loan Program encourages the commercial financing of renewable energy (bioenergy, geothermal, hydrogen, solar, wind and hydro power) and energy efficiency projects.

Income 108
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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75