Remove Income Remove Pennsylvania Remove Retail Remove Transportation
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108
article thumbnail

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
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

This aids in long-distance transportation as well as long-time storage. Indiana’s robust transportation network for trucking, rail and air freight make it an attractive location to distribute food and beverage products to both national and international markets. Connecting lines enable transport to every major U.S.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. and the largest road project in Pennsylvania’s history.

Indiana 40
article thumbnail

INDUSTRY FOCUS: The Process of Food

Buisness Facilities Contributed Content

Food processing also increases the seasonal availability of many foods and enables transportation of perishable foods across long distances, creating more diverse food opportunities. And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end.

article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

As part of its portion of $72 million in state incentives for Hankook, the Tennessee Department of Transportation has pledged infrastructure improvements including widening interstate exit ramps and creating a five-lane access road to the Corporate Business Park’s southern entrance near the site of the new plant.

Deals 107
article thumbnail

The Process of Food

Buisness Facilities Contributed Content

Food processing also increases the seasonal availability of many foods and enables transportation of perishable foods across long distances, creating more diverse food opportunities. And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end.