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North Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The updated North Carolina incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. For a list of North Carolina economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.

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USDA Awards Loans To Boost Rural Economic Development In Five States

Buisness Facilities Contributed Content

Department of Agriculture’s (USDA) ongoing efforts to boost opportunity in rural communities, Agriculture Secretary Tom Vilsack has awarded six low-interest loans to local governments and community organizations that will spur rural economic development in Missouri, Florida, Georgia, North Carolina and Texas. North Carolina.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

“Tennessee always sets the bar high in meeting all of the priorities of businesses evaluating locations in the Volunteer State, whether it’s customized workforce training, prefertilized sites or lower industrial electricity costs.”. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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SPECIAL REPORT: The Carolinas Are Bringing The Business

Buisness Facilities Contributed Content

The state is providing $120 million in incentives for upfront expansion costs such as utilities and site preparation. Senate Finance Chairman Hugh Leatherman said he’s in awe of Boeing’s expansion plans. Manufacturing continues to be a real wealth and job creator across South Carolina,” said Hitt.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

Interstate 40 is the major east-west thoroughfare reaching from North Carolina to California that runs through Arkansas. Louis and Chicago to the north and New Orleans to the south, while Interstate 30 connects Arkansas with markets to the southwest, including Texas and Mexico. Interstate 55 links eastern Arkansas to St.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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