article thumbnail

15 Tennessee Communities To Receive Site Development Grants

Buisness Facilities Contributed Content

million will be awarded to 15 Tennessee communities to prepare economic development sites for market. We’ve embraced change in our approach to workforce readiness with programs like Tennessee Promise and Tennessee Reconnect, and we want to congratulate all 15 communities on receiving these grants. Bill Haslam.

article thumbnail

Tennessee Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of Tennessee economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Business Inventory: Finished goods inventory in excess $30 million may be excluded from the franchise tax base when held by manufacturers or warehouses and distribution facilities.

professionals

Sign Up for our Newsletter

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

article thumbnail

Snapshots: 60 Seconds… With Bill Hagerty, Commissioner, Tennessee Department Of Economic And Community Development

Business Facilities

Bill Hagerty, Commissioner, Tennessee Department of Economic and Community Development. BF: Tennessee has been cited by the U.S. What steps has Tennessee taken to achieve this result? BH: Tennessee has been making great strides in education thanks to Gov. By the Business Facilities Staff. From the July/August 2014 issue.

article thumbnail

Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

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

article thumbnail

COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

We expect that this growth will continue into the future as the available existing building inventory shrinks and there is a greater need for vacant sites for new development,” said Gromberg. TENNESSEE’S PIONEERING SITE-CERTIFICATION PROGRAM. The Select Tennessee program accepts applications twice a year.

Site 49
article thumbnail

Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

Buisness Facilities Contributed Content

The City of Spokane Valley has also implemented a Certified Site Program, which provides an inventory of industrial/commercial sites that have undergone a rigorous pre-qualification process. SELECTING TENNESSEE MADE EASY. 1 location in the Southeast for high quality jobs,” said Tennessee Governor Bill Haslam in a press release.

Site 66
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. Railroad Spurs. No personal property or inventory taxes. That is, for property with a fair market value of $1 million, the assessed value would be $200,000. Sewer Lines, Sewage Treatment Facilities. TAX INCENTIVES.

Income 108