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Automotive Industry Focus: Hitting On All Cylinders

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However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. KENTUCKY: A CENTURY OF LEADERSHIP. Source: Kentucky Cabinet for Economic Development). million in December from 18.2

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FEATURE STORY: 2014 Economic Development Awards

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Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund. The KNEV Fund provides seed-stage capital to support the development and commercialization of alternative fuel and renewable energy products, processes and services in Kentucky. Funds are to be used for business development activities.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). million through the KJRA.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. 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.

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STATE INCENTIVES GUIDE

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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. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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Photo: Kentucky Cabinet for Economic Development). That’s where Kentucky shines. In the Bluegrass State, companies announced 92 new-facility or expansion projects since the beginning of 2014, according to the Kentucky Cabinet for Economic Development. A major initiative of Kentucky Gov. Those projects total more than $2.6

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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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