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BUSINESS REPORT: Carolinas Put Out A Welcome Mat for Business from Far East

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Bev Perdue of North Carolina and Gov. Nikki Haley of South Carolina both had the same target in mind when they headed trade missions to Japan recently: bringing back the bacon for their states. I’m here for one reason: to try to boost North Carolina’s thriving business sector and grow more jobs in our state,” said Gov.

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Workforce Training: Engineering A Skilled Workforce

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Epic Piping, a Baton Rouge, Louisiana-based pipe fabricator, opened a new 221,500-square-foot facility in San Marcos in early 2015 and projects having as many as 600 employees by late 2016. Epic Piping is one of the largest specialty pipe fabricators of its kind under one roof in the world. Source: Oklahoma Department of Commerce).

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Seven Projects Land Deal of the Year Honorable Mentions

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The Polaris manufacturing facility will support core processes including vehicle assembly, chassis and body painting, welding, fabrication, and injection molding. BILLION WINDFALL FOR NORTH CAROLINA. Its massive new North Carolina plant will manufacture active pharmaceutical ingredients for its diabetes care products.

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State by State Incentives Guide

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SB 1128 builds upon the current sales tax exemption program administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) by including “advanced manufacturing” companies in industries such as biotechnology, computers, appliances, machinery, furniture, fabricated metals and transportation goods.

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STATE INCENTIVES GUIDE

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Participating companies are compensated by being able to reduce their federal income tax liability with a tax credit between $1,200 and $9,000 per qualified employee, depending on the target group. COST-CUTTING & OMBUDSMAN SERVICES: The MEDC helps companies save money through Workers’ Compensation Cost Control Service.

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