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

Buisness Facilities Contributed Content

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. billion in South Carolina since 2006. South Carolina: Global Tire Center. By Ed Felton. Bev Perdue and N.C.

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Cover Story: 2014 Business Facilities Rankings Report

Business Facilities

South Carolina played to its strength—manufacturing—and got big boosts from Boeing’s decision to put its assembly plant in North Charleston, and from several new tire plants. The top-ranked states in this new category are the ones that had the biggest drop in unemployment during this period. percent from a Recession high of 12 percent.

Louisiana 111
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State by State Incentives Guide

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The credit for the employer can be as much as: $2,400 for each new adult hire; $1,200 for each new summer youth hire; $4,800 for a veteran entitled to compensation for a service-connected disability; $9,000 for each new long-term family assistance recipient hired over a two-year period. for worker compensation rates.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75