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Global Growth Surge in Southwest Louisiana

Business Facilities

While standing next to each other during a press conference, Louisiana Governor John Bel Edwards and Lotte CEO Soon Hyo “Steve” Chung told a group of onlookers that the company would establish its headquarters in Lake Charles (relocating from Houston). By the BF Staff. From the July/August 2017 Issue. Photo: SWLA). Edwards said. “We

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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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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel. Three Class I railroads (Norfolk Southern, Canadian Northern and the CSX) serve Decatur and are directly interconnected through a privately owned intermodal ramp as part of the Midwest Inland Port. Subsequently, the U.S.

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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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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

The Texas capital edged the Louisiana capital for this year’s growth prize, but the outlook in both of these cities is so robust we’re tempted to retire the category and declare these two locations permanent winners. Lexington is a diversified growth engine for health and educational services, technology, retail trade, and manufacturing.

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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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