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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. TN TOPS IN BUSINESS CLIMATE.

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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

Buisness Facilities Contributed Content

The new data center will seek LEED Gold certification, and is scheduled to complete construction in late 2014. Education & Research, Energy & Sustainability, Aerospace & Defense. The company filed for a Chapter 11 reorganization of its debts in U.S. Old Dominion Plans Generator in Cecil County. million people.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Custom training at a NM public educational institution may also be covered. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. ACHIEVEMENT IN SITE CERTIFICATION. We have two winners for this year’s award for Achievement in Site Certification: Indiana Economic Development Corp.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. The educational facility will also serve as fiscal agent for the project.

Income 75