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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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BUSINESS REPORT: Tennessee Initiates Site Certification Program

Buisness Facilities Contributed Content

The southern states are known for smart, savvy and successful approaches to economic development and Tennessee is no exception. As mentioned earlier, Tennessee is a popular business destination thanks to its rural and urban site preparedness. Curtis says the Select Tennessee Certified Sites Program will help all state communities.

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

Buisness Facilities Contributed Content

Shovel Ready Silver certified sites means that its documentation is less than one year old and has proper zoning and infrastructure built to the property. The program requires that the designated sites go through a rigorous checkless to ensure they have all the necessary infrastructure, zoning and other characteristics needed for development.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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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. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

focused on mobile, security and business operations software). This marks a transformative moment for Rochester that will fuel economic growth, create jobs and further secure this region’s place as the photonics capital of the nation,” said Gov. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build.

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