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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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The Arizona team worked closely with Maricopa County’s air-quality department to obtain the required permits for Apple. Mesa also processed the required permits expeditiously. “This new plant will make components for Apple products and it will run on 100 percent renewable energy from day one.”

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. Photo: Kentucky Cabinet for Economic Development). That’s where Kentucky shines. A major initiative of Kentucky Gov. And a number of initiatives, programs and advantages are moving Kentucky toward that goal.

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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones.

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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.

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Automotive Industry Focus: Hitting On All Cylinders

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KENTUCKY: A CENTURY OF LEADERSHIP. Kentucky expanded its automotive industry leadership in 2015 with billions of dollars in investments planned by automakers and parts suppliers, fresh products launched and thousands of new jobs announced. . Source: Kentucky Cabinet for Economic Development). plant in Georgetown, KY.

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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund. Funds are to be used for business development activities.

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FEATURE STORY: 2013 Economic Development Awards

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In 2012, the Alliance visited 178 companies to assist with access to capital, workforce training opportunities, permitting issues and site location assistance. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

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