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Iowa: Moving To The Top Of The Class

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I owa’s leaders have an ambitious target for the state’s workforce education goals. Governor Kim Reynolds is calling on educators, employers and legislators to collaborate to add 120,000 Iowans with postsecondary degrees or credentials to the state’s workforce by 2025. Iowa consistently earns high marks for its education climate.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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These include transportation carriers of all kinds, as well as warehousing, distribution, third-party logistics services, manufacturers’ operations, retailers and distributers who may have their own distribution centers. The I-69 Corridor serves industry clusters including automotive, defense, aerospace, medical devices and green technology.

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INDUSTRY FOCUS: Points of Entry for Cash-Rich Cargo

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For example, wireless device supplier BrightPoint uses its Hendricks County FTZ facilities to package and program devices and accessories sourced from multiple countries, and then to distribute the ready-for-retail kits worldwide. Domestic distribution is just as convenient.

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COVER STORY: Editors’ Location Picks

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3 Rivers Connect is a nonprofit agency that helps individuals, educators and community leaders use information and technology to make the best possible decisions about the allocation of resources and delivery of services. eStockIt.com in Hollywood is an online retailer of restaurant, janitorial and office supplies. defense contracts.

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STATE INCENTIVES GUIDE

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BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. Three of the nation’s 40 Renewal Community areas are in Alabama.

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State by State Incentives Guide

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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. The combined state and local millage rate would then be applied to the assessed value.

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