Buisness Facilities Contributed Content

JULY 30, 2013

Before Nissan’s location of an automobile manufacturing facility in Smyrna, Tennessee in 1983, there were no automotive manufacturing facilities south of Kentucky. In concert with the recession-fueled decline of vehicle sales, automotive supplier production capacity and employment also dropped rapidly during the Recession.

Site 60

Site Risk Products Drawings 60

Buisness Facilities Contributed Content

APRIL 15, 2014

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 . The maximum grant is $1.5

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. EMPLOYER EDUCATION CREDIT: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

Income 75

Income Finance Zoning Equipment 75