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Study Finds New Natural Gas Development Could Create More Than 45,000 Jobs And $9 Billion In Economic Development In Illinois

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New natural gas production from Southern Illinois shale has the potential to create more than 45,000 jobs in Illinois and $9 billion in economic investment, according to a study released by the Illinois Chamber Foundation. “The quantity and quality of jobs that are possible would be a huge boon for the economy in this area of the state.”

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

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A central element of the public-private partnership involved in securing the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. Positive absorption remains in all industrial submarkets in DuPage County, showing continued strength and growth in the county in leasing, user sales and construction completions.

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Industry Focus: Aerospace Sector Is Flying High Again

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With no state sales or income tax, limited corporate taxes and new tax incentives, like R&D Tax Credits and Economic Revitalization Zone Credits, the tax burden is ranked as BEST in New England and 8th in the nation by the U.S. Tax Foundation. More importantly, ACY directly controls its air space.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. Currently, SMUD is building the foundation for the “smart grid.” Last year, CA Gov. Fort Irwin Projects.

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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. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations. The Research Program.

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FEATURE STORY: 2013 Economic Development Awards

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Highlights include the largest industrial spec development lease in the last five years in Broward County. The local economic development office for Rochester, NH led the Recruitment Team for the project, and persevered during a two year selection and negotiation process, managing a complex package of deliverables.

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