article thumbnail

BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

Buisness Facilities Contributed Content

Old Dominion Electric Cooperative (ODEC) is seeking approval to construct a state-of-the-art natural gas fueled electric generation facility in Cecil County, MD. Education & Research, Energy & Sustainability, Aerospace & Defense. Old Dominion Plans Generator in Cecil County. Reasor, Jr., president and CEO of ODEC.

article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

A state may have the largest installed capacity of a certain type of renewable energy, but that state won’t meet its renewable energy portfolio standard’s goal if only 10 percent of its electricity is generated from renewables. Bill Lee has cited TN’s business-friendly environment in several recent project announcements.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The wind turbines operating at Buffalo’s green energy complex on Lake Erie generate enough electricity to power roughly 15,000 homes; the turbines are under contract to a local utility, Constellation Energy Resources. The percentage of electricity generated by renewables continues to surge in the United States.

Indiana 40
article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

The other front was for the real estate community to stop playing defense against entitlement processes, development standards, and zoning procedures that varied widely from city to city within the Salt Lake Valley. Also, starting in 2020, every home is pre-wired for an electric vehicle charging outlet.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Equipment or transmission lines used directly in producing or transmitting electrical power, but not including distribution.

Income 108
article thumbnail

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

Buisness Facilities Contributed Content

Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Micron’s investment payback is estimated at less than two years, with approximately $120,000 ongoing annual savings in electricity. gigawatt hours of electricity a year.

article thumbnail

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. The utility tax on the consumption of electric by licensed manufacturers and food or agribusiness processors is reduced to 2 percent.

Income 75