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INDUSTRY FOCUS: Points of Entry for Cash-Rich Cargo

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billion in projects are currently under negotiation, which will bring an estimated 1,100 new jobs to Stockton. The port generates more than $5 million in tax revenue every year with existing projects, which will nearly double in the short term as projects under construction and in negotiations are built. Foreign-trade zones help U.S.

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FEATURE STORY: 2013 Economic Development Awards

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In 2012, the Alliance visited 178 companies to assist with access to capital, workforce training opportunities, permitting issues and site location assistance. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

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State by State Incentives Guide

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Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life.

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STATE INCENTIVES GUIDE

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The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. 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.

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

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Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. Its environmental review has been completed and fast track permitting is available. million in capital investments.

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