Buisness Facilities Contributed Content

MARCH 9, 2016

For a list of Virginia economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Property Tax Exemptions: Virginia does not tax intangible property, manufacturers’ inventory, and manufacturers’ furniture, fixtures and corporate aircraft.

Virginia 40

Virginia Zoning Defense Railroad 40

Buisness Facilities Contributed Content

MAY 19, 2014

1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. In addition, the state has 22 smaller railroads operating over its more than 2,700 miles of track. Advance Arkansas Sites are premium large-acreage sites.

Arkansas 47

Arkansas St. Louis Transportation Metro 47

Buisness Facilities Contributed Content

APRIL 15, 2014

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., Inventory is exempt from property tax.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

Types of Capital Credit projects include: New Project or Expansion Project: Consists of new investment at a new site in Alabama, or new investment that will expand the capacity and the number of employees at an existing facility. The law allows more than one project on the same site. The program ends December 2016.

Income 75

Income Finance Zoning Equipment 75