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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

According to an impact analysis conducted by Tennessee Valley Authority (TVA), the project also will yield 1,200 indirect jobs as well as direct annual payroll of over $660 million and indirect annual payroll of over $54 million. “The decision by one of the world’s largest tire producers to put its first U.S.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. Entered By: Clarksville-Montgomery County IDB/State of Tennessee.

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State by State Incentives Guide

Buisness Facilities Contributed Content

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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FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Over the past two years, it has secured deals with more than 110 international companies, which are expected to bring more than 8,700 new jobs and more than $3.25

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. CALIFORNIA.

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Logistics: No Drivers Needed

Business Facilities

There are also 12 new residential subdivisions planned, and the county recently added 350 acres zoned industrial, which can accommodate more than 3 million square feet of new development. The expanded lobby will welcome travelers and comfortably accommodate airline ticketing, baggage check-in and federal security screening.