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State Focus – Utah: Consistently Excellent

Buisness Facilities Contributed Content

If you’re looking for consistent excellence, Utah is a sure bet. States for Business: Utah claimed the top spot for 2015—again. Utah has maintained its AAA bond rating since the rating agencies began tracking in the 1960s. This is all to say that Utah’s business environment is predictable—a trait cherished by business leaders.

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The Strawtegi CO2ttage in Salt Lake City

Natural Building

The Strawtegi CO2ttage broke ground in October, 2021, as the first permitted structure in the U.S. This net-zero carbon, modular, straw panel Accessory Dwelling Unit in Salt Lake City, Utah, is the first demonstration project and test build of Strawtegi, Inc. insulated with dense-packed chopped straw.

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2012 Business Facilities Rankings Report

Buisness Facilities Contributed Content

For example, this year we supplemented our traditional Best Education Climate ranking with a scorecard of the states that emerged out front in the fierce competition for federal Race to the Top education funding. Texas edged out Utah, last year’s top-ranked state for Best Business Climate.

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INDUSTRY FOCUS: Points of Entry for Cash-Rich Cargo

Buisness Facilities Contributed Content

The Port of Stockton recently became one of the rare West Coast ports that is a net exporter of American products, shipping iron ore from Utah, rice from Northern California, City of Stockton-processed sulfur, and coal from Colorado, putting more people to work on the docks and in the warehouses. TUPELO/LEE FTZ: 15M SQ.

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

Quality higher education is available through local and regional offerings. And education at the elementary and high school levels is a community priority, as evidenced by the complete renovation of Decatur’s two public high schools. Several parochial schools provide additional educational choices.

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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

The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. EMPLOYER EDUCATION CREDIT: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

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