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State Focus: Arkansas – Easy To Reach, Easy To Grow

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Arkansas offers companies a strong transportation network with intersecting Interstates, rail access and water transportation. Many of Arkansas’s port locations have railway connections that provide a smooth transition for various modes of transportation and quick delivery. Interstate 55 links eastern Arkansas to St.

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Global Growth Surge in Southwest Louisiana

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Mary’s leading position including incredible ease getting materials and finished good into and out of the area via a multi-modal transportation network including, the Gulf Intracoastal Waterway, a Class 1 rail system and Highway 90 (future I-49), an interstate quality 4-lane highway. Generally these sites are leased.

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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states have launched site certification programs with the goal of helping communities prepare available sites for investment and expansion. The latest designation happened in April, when the Fairhope Airport Industrial Park in Baldwin County received the AdvantageSite certification. Across the U.S., million in capital investments.

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State by State Incentives Guide

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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

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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As part of its portion of $72 million in state incentives for Hankook, the Tennessee Department of Transportation has pledged infrastructure improvements including widening interstate exit ramps and creating a five-lane access road to the Corporate Business Park’s southern entrance near the site of the new plant.

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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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South Carolina Incentives and Workforce Development Guide

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Corporate Headquarters Credit: Provides a 20% credit based on the cost of the actual portion of the facility dedicated to the headquarters operation or direct lease costs for the first five years of operation. The credit can be applied against either corporate income tax or the license fee.