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Vaughan Buckley on Restarting a Former Katerra Factory

Pro Builder

So right now I've been able to do that because we're still going through existing inventory. But as we start to build out our inventory, we'll be able to offer three to six different colors in one to two week lead times on cabinetry because that's the kind of throughput we have in that factory.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. The business must obtain a direct-pay sales and use tax permit from the State of Arkansas. Bond proceeds cannot be used for working capital or inventory. No personal property or inventory taxes. The combined state and local millage rate would then be applied to the assessed value.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. 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.

Income 75