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New Mexico Incentives and Workforce Development Guide

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Department of Defense. Locomotive engineā€ is defined as a wheeled vehicle consisting of a self-propelled engine that is used to draw trains along railway tracks. Department of Defense may be deducted from gross receipts. Company eligibility: Companies that manufacture or produce a product in New Mexico. Certain green industries.

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New Mexico Incentives and Workforce Development Guide

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Non-retail service companies that export a substantial% age of services out of state (50% or more revenues and/or customer base). Department of Defense may be deducted from gross receipts. agriculture, construction, gambling, health care and retail). The credit may be carried forward for up to 3 years. Certain green industries.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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A key ingredient to Texasā€™ success is a comprehensive job creation strategy focused on six key industry clusters: Advanced Technology and Manufacturing; Aerospace, Aviation, and Defense; Biotechnology and Life Sciences; Information and Computer Technology; Petroleum Refining and Chemical Products; and Energy.

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STATE FOCUS: Lassoing Jobs In Texas

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Texasā€™ vibrant economyā€”made possible by the stateā€™s superior workforce, excellent business climate, central location, relatively low production costs and aggressive incentive fundingā€”continues to draw companies from around the country and around the world, proving time and again that Texas really is ā€œWide Open for Business.ā€.

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STATE INCENTIVES GUIDE

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The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. Higher credits (3 to 8 percent, depending on tier status) are available for investments in recycling or pollution control equipment and for defense plant manufacturing conversion to a new product.

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