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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking. “Our

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State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

The Arkansas River dissects the state from the northwest to the southeast, while the Mississippi River borders the state’s eastern edge. Ports along the Mississippi River are in Osceola, West Memphis and McGehee. The median per capita income for the MSA is $41,662 as compared to $45,875 for Pulaski County, $43,735 for the U.S.

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Ports And FTZs: Enter With Less Risk

Business Facilities

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. federal government and conducts immigration policy and programs.

Risk 40
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Automotive Industry Focus: Hitting On All Cylinders

Buisness Facilities Contributed Content

MADE IN MISSISSIPPI MEANS QUALITY. Prior to Nissan’s opening, no automobile had been produced in Mississippi. Also in 2015, the plant celebrated production of its 3 millionth vehicle, another exciting milestone for the plant, its workforce and the entire state of Mississippi.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The program is divided into two sections, Section 5 is a tax credit and Section 11 is an exemption.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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
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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The Internet company received a $2-million incentive package (tied to job-creation commitments) for its relocation to the 100,000-square-foot office. The Back Office/Call Center effort involves the owners of the major office buildings and office parks in the city to do collaborative marketing and research.

El Paso 106