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BUSINESS REPORT: Life Sciences Grow High-Wage Jobs in the Beehive State

Buisness Facilities Contributed Content

A recent Utah Cluster Acceleration Partnership study reported that Utah’s life sciences industry grew by 25.8 In addition, each of the major subsectors of the life sciences industry is growing faster in Utah. Utah’s life sciences industry is a source of high-wage jobs. billion in personal income. UTAH FAST FACTS.

Utah 40
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2012 Business Facilities Rankings Report

Buisness Facilities Contributed Content

Texas edged out Utah, last year’s top-ranked state for Best Business Climate. With mega-incentives for big-ticket projects and low business taxes, Utah has succeeded in convincing tech giants including Adobe and eBay to put major operations in the Beehive State. billion in Federal individual income taxes, and $1.9 percent.

Iowa 69
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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 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
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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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COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

LabPMM, San Diego California, opened its German diagnostics Laboratory and Myriad Genetics, Salt Lake City, Utah, set up its central European laboratory in a new building in Martinsried. Leaders from the Utah Science Technology and Research Initiative in 2012 dedicated the James L. Other (11 percent).

Florida 63
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COVER STORY: 2012 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Personal income impact estimated at $273 million (direct). billion in personal income and an overall Economic Output impact of $5.7 Project Impact Estimates. 3,635 direct jobs, 12,384 indirect/induced jobs (over 10 years). New 1-million-square-foot campus will generate an overall Economic Output impact of $5.7 Honorable Mentions.

Deals 85