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15 Tennessee Communities To Receive Site Development Grants

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Site Development Grants totaling $5.7 million will be awarded to 15 Tennessee communities to prepare economic development sites for market. The Site Development Grant program is part of the state’s larger Rural Economic Development Fund. “We Department of Agriculture selected the 15 sites from a pool of 24 applications.

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

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1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. Union Pacific operates major yards in Little Rock and Pine Bluff, along with a locomotive repair facility in North Little Rock. 16,416 miles of state and U.S.

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

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percent in 2014 due to stronger shipment volumes and inventory carrying charges that were up 2.1 Among a number of benefits, this allows Brunswick County to provide industries fully developed shovel-ready sites at low or no cost. Chicago is the nation’s rail hub that connects six of the seven class one railroads.

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Industry Focus: Logistics – Going With The Flow

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Slow economic growth has kept the percentage low, but the supply chain sector has made great strides in productivity, asset utilization and inventory management in the past three years.” In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel. Spending in the U.S. trillion in 2012, a 3.4

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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The Midland International Airport has many sites available to meet the needs of this fast-paced and thriving technology. The location on I-20, rail served by Union Pacific and Foreign Trade Zone #165 makes Midland a prime location for distribution and manufacturing. Since established in 1988, Port Freeport’s Foreign-Trade Zone No.

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State by State Incentives Guide

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Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., Inventory is exempt from property tax.

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STATE INCENTIVES GUIDE

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Types of Capital Credit projects include: New Project or Expansion Project: Consists of new investment at a new site in Alabama, or new investment that will expand the capacity and the number of employees at an existing facility. The law allows more than one project on the same site. The program ends December 2016.

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