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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. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

The Midwest Inland Port is served by a Foreign Trade Zone and provides local Customs Clearing, features that are being enhanced to provide a more robust set of service offerings. The Santa Teresa and Columbus ports-of-entry have overweight cargo zones with a six-mile radius for trucks carrying a reducible load up to 96,000 lbs.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. Entered By: Clarksville-Montgomery County IDB/State of Tennessee.

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Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40

Pro Builder

Cory Benjamin , 39, Project Director, BIM Manager, TK Design & Associates, South Lyon, Mich. Koby Bowen , 38, President / CEO of Construction and Design, Homes of Distinction, Rogers, Ark. Kasey Brown , 32, Regional Purchasing Manager — East Tennessee, Goodall Homes, Chattanooga, Tenn. Adam Steiner , 35, Owner, Birnam Design Co.,

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

Buisness Facilities Contributed Content

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 Corridor offers export assistance and Foreign Trade Zones.

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State by State Incentives Guide

Buisness Facilities Contributed Content

TVA Economic Development Loan Fund: A multimillion-dollar revolving loan program designed to stimulate investment and job creation in the TVA region. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program is divided into two sections, Section 5 is a tax credit and Section 11 is an exemption.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. CALIFORNIA.

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