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SPECIAL REPORT: Two Train Cars Forward, Three Cargo Ships Back

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The Railroad sector was the big winner with a 15.3 There are networks with 120,000 miles of major railroads, more than 25,000 miles of commercially navigable waterways and more than 5,000 public-use airports. But whether traveling by land, air, track or sea, locating in the right area can be a company’s biggest time and profit saver.

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LOCATION FOCUS: The Heartland of America Beats Strong

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Illinois rail network offers 52 railroads that provide service to every part of the country and its prime location also makes the state a natural hub for air travel. Both the Illinois International Port District and the Tri-City Regional Port District near St. percent of the workforce has gained education beyond high school.

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LOCATION FOCUS: Indiana — More And More Roads Are Leading To “The Crossroads Of America”

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This development is fantastic news for West Coast travelers coming to Indiana, as well as nonstop connectivity for Hoosiers to L.A. Less than a day’s drive from New York, Chicago, St. percent of the county’s workers have some postsecondary education, and a full 42 percent have earned college degrees. and San Francisco.

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

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The less money that is needed to spend on gas and other work-related travel, the more money that can be spent on everything else. “In Chicago is the nation’s rail hub that connects six of the seven class one railroads. DuPage has a highly skilled and educated workforce and is first in the state in educational attainment.

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Industry Focus: Logistics – Going With The Flow

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In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel. Located in the heart of Illinois; in the great Midwest; within 200 miles of metropolitan areas of Chicago, Indianapolis and St. Quality higher education is available through local and regional offerings.

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State by State Incentives Guide

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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

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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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