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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

Buisness Facilities Contributed Content

On January 9, 2014, the President announced the next step in those efforts by naming the first five “Promise Zones.” THE PROMISE ZONES INITIATIVE. The five Promise Zones announced are part of the 20 that will be announced over the next three years. so that each partner can work towards improvement and accountability.

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COVER STORY: Editors’ Location Picks

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Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. Little Rock, AR is a center for several major employers in a variety of industries including healthcare, service, government and agriculture. A burgeoning health care industry drives the regional economy in Pittsburgh.

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State by State Incentives Guide

Buisness Facilities Contributed Content

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. Must expand its labor force, make new capital investment, or prevent loss of employment.

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Logistics: Building A Resilient Supply Chain

Business Facilities

Priorities are shifting as businesses adapt to the impact of the pandemic on global supply chains. Resiliency and stability are now top concerns. Read: Logistics: Building A Resilient Supply Chain at BusinessFacilities.com.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

We beat Ohio State, MIT and Georgia Tech, which is a big deal for us.”. San Jose, CA, San Francisco and New Orleans took the top three places, respectively, in BF’s new Information Technology Employment Leaders metro ranking. TEXAS CITIES SURGE AS RECOVERY EMPLOYMENT LEADERS. leader in 3D printing.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

3 Texas all exceeded 75 on the Index, followed by Maryland, Delaware, DC, Oregon, Arizona, Pennsylvania and Georgia. Trainees must be guaranteed full-time employment upon successful completion of the training program. The other states scored below 50, with half of them struggling to get past 25. ACHIEVEMENT IN CLUSTER DEVELOPMENT.

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