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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

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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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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

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State by State Incentives Guide

Buisness Facilities Contributed Content

TVA Economic Development Loan Fund: A multimillion-dollar revolving loan program designed to stimulate investment and job creation in the TVA region. 573), was enacted in 1987 to stimulate business and industrial growth in designated areas of the state that are considered economically depressed. In December 2002, the former U.S.

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