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Tennessee Incentives and Workforce Development Guide

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For a list of Tennessee economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Historically, manufacturing, warehousing/distribution, and service-related industries including back office, financial and telecommunications can be assisted. FINANCING & GRANTS.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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Bill Haslam (third from left) said Hankook Tire’s decision to invest $800 million in its new TN plant “reinforces [Tennessee’s] goal of becoming the No. Entered By: Clarksville-Montgomery County IDB/State of Tennessee. At that time, the search had been narrowed down to four sites; three in Middle Tennessee and one in West Tennessee.

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Ports And FTZs: Enter With Less Risk

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Officers accept entries of merchandise, clear passengers, collect duties and enforce various provisions. An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. DYERSBURG/DYER COUNTY: A REGIONAL HUB IN TENNESSEE.

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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). The International Office at the IEDA offers financial assistance to eligible Iowa small businesses to help companies market their products and services to a global audience.

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State by State Incentives Guide

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Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The tax for existing entities accrues as of Jan. 25 to $1.75

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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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However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. These larger vehicles account for more than half of U.S. The industry’s seasonal adjusted annual selling pace fell to 17.3