Remove Employment Remove Equity Remove Phoenix Remove Retail
article thumbnail

The Road to Recovery in Detroit

Buisness Facilities Contributed Content

But out of the ashes of this monumental collapse — and in the midst of one of the most run-down neighborhoods in Detroit — a remarkable revival is rising like a phoenix. 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.

Detroit 51
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone. The credit is 20% of the actual costs limited to the employer’s income tax liability. WORKFORCE DEVELOPMENT .

Income 108
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Gilbert is aggressively moving forward with a daring plan to revive two square miles of property with a variety of commercial enterprises, including hotels, casinos and retail stores. 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.

Metro 111