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STATE INCENTIVES GUIDE

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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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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

home and bring 200 high-quality jobs to Middle Tennessee,” Lee said, when Mitsubishi Motors North America officials announced the automaker will relocate its headquarters to Franklin, TN from Cypress, CA. Tennessee is proud to be a right-to-work state with no personal income tax on wages. Ellison, Lowe’s president and CEO.

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Takigawa Corp. Japan Establishing First U.S. Operation In Kentucky

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The company expanded beyond Japan’s borders for the first time in 2011 with the addition of a factory in Vietnam, and has since established a presence in Canada, Europe and Singapore, as well as a sales office in Torrance, CA.

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Heroic Efforts In California

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Just like the rest of the country, California has its seen ups and downs when it comes to employment, taxes, energy and the environment. Renovate America partners with cities and counties to provide financing solutions that help save energy, lower utility bills, reduce emissions, create new jobs and increase property values.

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COVER STORY: 2012 Economic Development Deal of the Year Awards

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The new facility, which will increase Apple’s workforce in Austin to more than 6,700, will serve as the primary operations nexus for the company in the Americas outside of Apple’s global headquarters in Cupertino, CA, centralizing accounting, human resources, sales, marketing and finance. The company’s 2011 revenue was $13.9

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COVER STORY: Editors’ Location Picks

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Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. Little Rock, AR is a center for several major employers in a variety of industries including healthcare, service, government and agriculture. A burgeoning health care industry drives the regional economy in Pittsburgh.

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