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Tom Lyerla, the standard bearer

The Korte Company

A precedent for career goals had already been set in Tom’s family: working for the railroad. His father, a railroad engineer for the Cotton Belt Railroad. His grandfathers on both sides, railroad telegraphers. For Tom’s father, “the railroad was his life.” His uncle, a dispatcher for the Illinois Central.

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State by State Incentives Guide

Buisness Facilities Contributed Content

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.

Income 108
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Global Growth Surge in Southwest Louisiana

Business Facilities

With two university systems bracketing the parish to the east and west, an educated workforce is just part of the package. There are 2-Class I railroads, Burlington Northern Santa Fe (BNSF) and the Union Pacific (UP) that serve the parish and a short line that accesses the major industrial areas. What’s the problem?

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. persons.

Income 75