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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

Louisiana’s capital has had great success in executing the state’s strategy of bringing together business and higher education in innovative public-private partnerships that spur initiatives in new high-growth sectors. To fast-track program growth, LSU’s College of Engineering will launch the “Geaux Digital Louisiana” consortium.

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

And those pro-business factors are evident in Brunswick County with low operating costs, exceptional transportation and utility infrastructure, a strong commitment to education and workforce development and the commitment to work in partnership with business. Chicago is the nation’s rail hub that connects six of the seven class one railroads.

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Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

Natural gas also is lifting the state economy in Louisiana. 3 natural gas producer (including offshore production), Louisiana is uniquely poised to create significant next-generation energy growth. With 32 ports statewide, Louisiana offers six deep-draft ports capable of transferring large quantities of cargo, is one of only two U.S.

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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.

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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.

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