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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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The Corridor is home to a Next Michigan Development Corporation (NMDC), a state designation from the Michigan Economic Development Corporation. Inland ports are hubs designed to move international shipments more effectively between maritime ports and locations throughout the U.S.

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Cover Story: New Energy Powers Growth

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Launched by the Shale Gas Innovation and Commercialization Center (SGICC), the initiative is designed to harness entrepreneurial innovation to maximize the economic return from the Marcellus and Utica shale formations. In November 2013, a new generation of biofuels debuted at this Penn Minnoco station in south Minneapolis.

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State by State Incentives Guide

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TVA Economic Development Loan Fund: A multimillion-dollar revolving loan program designed to stimulate investment and job creation in the TVA region. 573), was enacted in 1987 to stimulate business and industrial growth in designated areas of the state that are considered economically depressed. In December 2002, the former U.S.

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STATE INCENTIVES GUIDE

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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. SALES & USE TAX ABATEMENTS: Taxes on construction-related transactions, pollution control devices are exempt from sales and use taxes.

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