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Bootstraps for Building

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Allentown, located in the heart of the Lehigh Valley and the third most-populous city in Pennsylvania, has a glorious history. When the industrial revolution unfolded in the 1830s, Allentown became the center of Pennsylvania’s iron industry and a railroad hub. 119,000, is one of the fastest-growing cities in Pennsylvania.

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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Under a public-private partnership (P3) agreement with Ports America Chesapeake, a 50-foot deep container berth was constructed in 2012. Construction of Craney Island Marine Terminal is underway at the Port, while dredging began last fall and will continue for the next eight to 10 years. The cranes were also part of the agreement.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area.

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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

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A central element of the public-private partnership involved in securing the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).

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State by State Incentives Guide

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It allows for the construction of roads, bridges, etc. Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

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Cover Story: New Energy Powers Growth

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Construction of wind turbines set a record in 4Q 2013 with 10,900 megawatts of capacity being added; nationwide, nearly 50,000 turbines have been installed. The Marcellus Shale Formation, which contains nearly 500 trillion cubic feet of recoverable natural gas, has seen more than 7,700 new wells drilled in Pennsylvania since 2008.

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STATE INCENTIVES GUIDE

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SALES & USE TAX ABATEMENTS: Taxes on construction-related transactions, pollution control devices are exempt from sales and use taxes. 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.

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