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Tennessee Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of Tennessee economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. FINANCING & GRANTS. Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5%

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Apple’s new manufacturing facility will rise on the site of the former First Solar plant in Mesa, AZ. “Arizona’s team moved quickly to put together an attractive package that put the Mesa site front and center as Apple considered locations for its renewed commitment to U.S. Photo: solarsystems-usa.net). manufacturing.”

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

Indiana 40
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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.

Income 108
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FEATURE STORY: Logistics Clusters Are Jobs Magnets

Buisness Facilities Contributed Content

According to site selection experts, logistics clusters are defined as an agglomeration of logistics activities in one geographic location. The second level of job creation in logistics clusters is the value-added activities like preparing promotional tagging for a retail display or repackaging inside a distribution center for efficiency.

Memphis 76
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75