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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking. “Our

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

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The Arkansas River dissects the state from the northwest to the southeast, while the Mississippi River borders the state’s eastern edge. Ports along the Mississippi River are in Osceola, West Memphis and McGehee. Four ports are located along the Arkansas River in Fort Smith, Little Rock, North Little Rock and Pine Bluff.

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State by State Incentives Guide

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Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life. 25 to $1.75

Income 108
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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
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COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

DECHEMA-Forschungsinstitue (DFI) in Frankfurt: Bioprocess engineering, interface between research and industry. Source: Hessen Trade and Invest GmbH. More than 19,500 people are employed in the biotech/pharma sector in Hessen. In the last decade, Hessian biotech companies have more than doubled their revenues to over 5.2 billion Euros.

Florida 63
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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.

Omaha 76
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Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

2-5 states (Ohio, 0.250; Mississippi, 0.233; Pennsylvania, 0.223; and Texas, 0.210), according to the U.S. The Iowa wind energy industry supports up to 7,000 jobs, third in the country in employment related to the wind energy industry. That solar employment total is exceeded by California (47,223) and Arizona (8,558).