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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

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). The design of the Philadelphia headquarters expansion will begin in this year, with groundbreaking expected in 2017.

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. DREDGING THE DELAWARE AS PHILADELPHIA GETS READY. A deeper shipping channel will allow us to welcome a wider variety of cargo vessels to the Port of Philadelphia.

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

Buisness Facilities Contributed Content

During construction of the new riverfront complex, IBM will be temporarily lease space at the Essen Centre office complex in Baton Rouge. Jindal said the company is examining the feasibility of additional Louisiana projects that would bring the total new capital investment at its sites in the state to $1.2 billion over 10 years.

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