article thumbnail

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

Business Facilities

percent in 2014 due to stronger shipment volumes and inventory carrying charges that were up 2.1 In addition, Brunswick County is one of the localities that receive economic development support from the Tobacco Region Revitalization Commission. percent in 2013 and 8.3 percent in 2014. 50 percent of all U.S.

Roads 41
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.” There is no inventory tax, which is particularly advantageous to distribution companies. “Logistics costs as a percentage of GDP in the U.S.

professionals

Sign Up for our Newsletter

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

article thumbnail

SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

Additionally, per HUD guidelines, 80 percent of the funds will be dedicated to the nine most heavily impacted counties in the state: Atlantic, Bergen, Cape May, Essex, Hudson, Middlesex, Monmouth, Ocean and Union. Bay Head, NJ. Breezy Point, NY.

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. No personal property or inventory taxes. Inventory Tax Exemption: Effective January 1, 2011, business inventory is exempt from state property taxes (0.15 Real property taxes are among the lowest in the country.

Income 108
article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans may be used for, but not limited to: upgrading display lighting, advertising and promotion, payroll for additional staff and training, purchase of computers to enhance inventory control, and the purchase of display cabinets, furniture and fixtures. Fixed asset loans of up to $20,000 for terms not to exceed seven years.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. ACHIEVEMENT IN ECONOMIC REVITALIZATION. ACHIEVEMENT IN TARGETED INCENTIVES. This year’s winners for Achievement in Targeted Incentives are: Maryland Dept.

Indiana 40
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75