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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi.

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STATE FOCUS: Florida – Let The Sun Shine

Buisness Facilities Contributed Content

It looks like Florida may see more than just the sun shining in the next four years. According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright.

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COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

A retreat in the public markets in 2011 resulted in overall financing levels that are back to those seen in 2008, reflecting the continuing struggles of the Eurozone countries over the sovereign debt of some member countries. Its goal is to coordinate companies, research and education institutes to foster collaboration and innovation.

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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

“Shovel-ready certification is becoming popular nationally,” said John Rhodes, a leading national site-location consultant with Moran, Stahl & Boyer of Lakewood Ranch, Florida, who worked with the State of Minnesota on its Shovel Ready Program. Our state is on the cutting edge of public education reform and tort reform.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. Must expand its labor force, make new capital investment, or prevent loss of employment.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. EMPLOYER EDUCATION CREDIT: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

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HBI President Ed Brady’s Call to Action to Solve the Construction Industry’s Labor Shortage

Pro Builder

At the International Builders’ Show (IBS) in Orlando last month, Ed Brady, president of the Home Builders Institute (HBI)—the educational arm of the national Association of Home Builders ( NAHB )—led the call to action for solving the housing industry’s chronic skilled labor shortage. . Rich Binsacca, Editorial Director. million by 2025. .

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