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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking. North Carolina has been laying out the welcome mat for businesses in a diverse group of industries, offering a growing talent pool of young skilled workers, an attractive quality of life and targeted incentives.

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SPECIAL REPORT: The Carolinas Are Bringing The Business

Buisness Facilities Contributed Content

Manufacturing continues to be a real wealth and job creator across South Carolina,” said Hitt. May was also a good month for North Carolina—the month it was announced that Cape Fear Arsenal Inc. The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $490,000.

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Bootstraps for Building

Business Facilities

For a successful example of this innovative approach, look no further than Allentown, PA. Mack Trucks and other major factories that made Allentown a manufacturing hub headed for greener pastures (Mack moved to North Carolina) or overseas; the last major silk company closed its doors in 1989.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Innovation Fund: As part of the implementation of Accelerate Alabama, this fund was created to maximize the use of the State’s economic development resources by leveraging annual research and development expenditures by Public Universities within the State to generate resources which can be used to support economic development initiatives.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ARIZONA INNOVATION ACCELERATOR FUND: An $18.2 LAMBRA zones are a companion to EZs. CALIFORNIA.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Baton Rouge, LA has had great success in executing its strategy of bringing together business and higher education in innovative public-private partnerships that spur initiatives in new high-growth sectors. billion in its Jefferson North plant on Detroit’s dilapidated East Side. Beshear.

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

Through the Enterprise Zones Program business and industry can realize state incentives such as Job Creation Grants and Real Property Investment Grants, while also realizing a number of local tax and other incentives. Chennault is incorporated into Foreign Trade Zone 87 and features 13 million-square-feet of concrete and over 1.5

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