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Industry Focus: Aerospace Sector Is Flying High Again

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A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7 Tax Foundation.

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State by State Incentives Guide

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TVA Economic Development Loan Fund: A multimillion-dollar revolving loan program designed to stimulate investment and job creation in the TVA region. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program is divided into two sections, Section 5 is a tax credit and Section 11 is an exemption.

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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. CALIFORNIA.

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Feature Story: 2016 Economic Development Awards

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will be the team’s lead designer and Walsh Infrastructure Management will provide bridge maintenance over the life of the 25-year contract. The 558 bridges designated to be replaced in the first phase of the project are primarily crossings on smaller state highways, many in rural areas, rather than interstate bridges or large-river crossings.

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COVER STORY: 2013 Business Facilities Rankings Report – State Rankings

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While nobody will be surprised to see bucolic or rustic locales like Hawaii, Vermont, Idaho and Montana on this list, kudos to Rhode Island, Connecticut and Delaware for laying down a marker proclaiming that growth and green energy are not incompatible. 3 in Aerospace/Defense Industry Leaders, no. in nearly 30 years.

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Less Is More In New England

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According to the Connecticut Department of Labor, the May 2017 unemployment rate for Connecticut was estimated at 4.9 The Granite Ridge Development District: The creation of the Granite Ridge Development District, a 913-acre commercial and entertainment zone, involved policy changes as well as active investment attraction.