Remove Arizona Remove Contract Remove Income Remove Leases
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

Income 108
article thumbnail

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.

Income 75
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. The city contracted with the Buxton Company to develop a comprehensive retail assessment and analysis to support the commercial districts and the attraction of private developers and retailers. Great Lakes U.S. - New England U.S.

El Paso 106
article thumbnail

Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

The top states, in descending order, are: California, Washington, Texas, Florida, Arizona, Connecticut and Kansas. billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 Acadiana is home to PHI, Inc.,

article thumbnail

Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

article thumbnail

Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

In addition, the company has contracted with Siemens Energy to supply all 448 turbines—the blades will be constructed in the Fort Madison, Iowa plant and the nacelles in the Hutchinson, KS plant. Minnesota also is in the process of negotiating contracts with grantees for its NextGen Energy program. billion in project investment.

article thumbnail

Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Due to favorable lease agreements, affordable labor and a pro-business environment, these manufacturers have seen 16 percent job growth in the last 12 months.