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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. Tennessee is proud to be a right-to-work state with no personal income tax on wages. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking.

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BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

Buisness Facilities Contributed Content

Virginia has been making headlines as a great state for business with several favorable factors. It is a right-to-work state, has a fixed 6 percent corporate income tax rate and has one of the lowest average workers’ compensation costs and unemployment burdens in the U.S., By Donna Clapp. From the July/August 2012 issue.

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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

The region has some of the nation’s largest industry concentrations in metals, plastics, biopharmaceuticals, medical devices, production technology, automotive, office furniture and food processing. Median income for all millennials living in the New Haven-Milford metropolitan area in 2017 was $54,800.

Metro 108
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State by State Incentives Guide

Buisness Facilities Contributed Content

Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The program is divided into two sections, Section 5 is a tax credit and Section 11 is an exemption.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75
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2012 Business Facilities Rankings Report

Buisness Facilities Contributed Content

Rounding out the top five in Best Business Climate are Virginia, which is luring major government contractors to relocate their headquarters to the state (Northrop made the move, and VA is courting Lockheed); Florida, where Gov. Virginia maintained its leadership in our Economic Growth Potential category with a second-place finish.

Iowa 69
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Centers of Technology: The Future Is Now

Business Facilities

Companies such as GE Digital, Finlays, Richard Branson’s Virgin Pulse and Johnson & Johnson already are establishing innovation labs and offices in Rhode Island, creating hundreds of new jobs. GE’s Digital Division recently opened an office in Providence to tap into the tech talent. “We