Buisness Facilities Contributed Content

JULY 23, 2013

Manufacturing continues to be a real wealth and job creator across South Carolina,” said Hitt. May was also a good month for North Carolina—the month it was announced that Cape Fear Arsenal Inc. The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $490,000.

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North Carolina South Carolina Electrical Charlotte 74

Buisness Facilities Contributed Content

APRIL 15, 2014

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. For a list of state economic development agencies, click this link.

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Buisness Facilities Contributed Content

MARCH 21, 2014

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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