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Virginia Incentives and Workforce Development Guide

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For a list of Virginia economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers.

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FEATURE STORY: Game-Changer In The Heartland

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The long anticipated Midwest Inland Port ramp will enable businesses to tap into the company’s deep transportation and logistics expertise and provide a platform for economic growth in central Illinois. Intermodal containers can be loaded with virtually any type of product and are transported by truck, railcar and ship.

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

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Presented by Penske Logistics and authored by transportation consultant, Rosalyn Wilson, senior business analyst at Parsons Corporation, the report tracks and measures all costs associated with moving freight through the U.S. The transportation sector of the logistics industry grew by 3.6 Costs for water transportation rose 8.9

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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Currently, the Port of Baltimore and Port of Virginia (in Norfolk) are the only East Coast ports that can accommodate the large ships. The Port of Baltimore is one of only two East Coast ports, along with the Port of Virginia in Norfolk, now able to handle post-Panamax ships. In May 2013, CSX Transportation Inc.

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State by State Incentives Guide

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Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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INDUSTRY FOCUS: Soaring To New Heights

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Adjacent to Kansas City Southern and Union Pacific Railroads and Interstates 20 and 49, companies at AeroPark are strategically located near some of the largest consumer markets in the South. The site offers a 24/7 control tower and a fire station and is designated a Foreign Trade Zone with customs and border security.

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STATE INCENTIVES GUIDE

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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. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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