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Shovel-Ready Sites: Ready To Hit The Ground Running

Business Facilities

Iowa’s costs for equipment rental, construction, payroll, workers’ compensation and utilities are all below the national average. Nickson Industrial Warehouses is building three Class A tilt-wall buildings in the park, adding unique inventory to Tomball. Several bus lines provide daily service to Milwaukee, Chicago and Minneapolis.

Site 87
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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. No personal property or inventory taxes. Inventory Tax Exemption: Effective January 1, 2011, business inventory is exempt from state property taxes (0.15 Real property taxes are among the lowest in the country.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75