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State by State Incentives Guide

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Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

Income 108
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Feature Story: 2016 Economic Development Awards

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The wind turbines operating at Buffalo’s green energy complex on Lake Erie generate enough electricity to power roughly 15,000 homes; the turbines are under contract to a local utility, Constellation Energy Resources. The percentage of electricity generated by renewables continues to surge in the United States.

Indiana 40
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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75
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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. Top products exported from the region were transportation equipment, machinery, except electrical, computer and electronics, and electrical equipment, appliance and components.

Metro 111