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BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

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It is a right-to-work state, has a fixed 6 percent corporate income tax rate and has one of the lowest average workers’ compensation costs and unemployment burdens in the U.S., From the July/August 2012 issue. Virginia has been making headlines as a great state for business with several favorable factors. And as one of four U.S.

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INDUSTRY FOCUS: The Process of Food

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Since innovation can boost profits, it is a main driving force, helping companies cut production expenses by reducing waste, employ effective manufacturing techniques, optimize automation to lower labor costs, and cut down on input materials such as energy. The company has expanded twice since locating in Livingston County. Half of the U.S.

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The Process of Food

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Since innovation can boost profits, it is a main driving force, helping companies cut production expenses by reducing waste, employ effective manufacturing techniques, optimize automation to lower labor costs, and cut down on input materials such as energy. The company has expanded twice since locating in Livingston County. Half of the U.S.

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Location Focus: Illinois – Trying to Make Headway in Every Way

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Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. With this foundation of successful commercial growth DuPage County boasts the highest per capita income in the state and the Midwest, making it one of the most desirable counties in the entire U.S

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State by State Incentives Guide

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Alabama Innovation Fund: As part of the implementation of Accelerate Alabama, this fund was created to maximize the use of the State’s economic development resources by leveraging annual research and development expenditures by Public Universities within the State to generate resources which can be used to support economic development initiatives.

Income 108
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LOCATION FOCUS: United It Stands

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Coverage of its 4,974 square miles is aided by I-90, I-86 and Route 219; Buffalo-Niagara International Airport; the Port of Buffalo; and four class I railroads (CSX, Norfolk Southern, Canadian National and Canadian Pacific). million in funding from the New York State Housing Trust Fund/HOME and federal low income housing tax programs.

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STATE INCENTIVES GUIDE

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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.

Income 75